From ARL’s June 30 2015 AR:
“ ….. Your tax advisor will assist you in determining the value of your shares
at 30 June 2015 and the treatment of the subsequent 0.9c per share capital return.
ARL is unable to provide you with tax advice and any enquiries should be directed
to your tax advisor.
This confusing situation is unlikely to be repeated in future.
It is a consequence of the decision by the previous board to delay and reduce
the capital return that was approved by shareholders, and that fact that
these decisions were made close to the end of the financial year.
Sincerely,
Giles Craig, Chairman
23 September 2015 ”
-----------------------------------
However, recent OCV HotCopper exchanges under ‘as bad as it gets” provided a
welcome Christmas relief to this ‘confusing situation’ and we no longer need to fret about
this monetary confusion, do we troops?
And no more offers to assist in PIF’s last assault on ASIC as in
Post #: 16649901 19/12/15 10:40:49?
Though some did for which I thank you.
Cheers,
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The pot calling the kettle black ????
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