It's my understanding that the IIN shares distributed are able to be disposed of immediately under the 50% CGT discount (provided the AMM shares against which they are distributed have been held 12 mths).
As I wasn't sure this would apply, it was a pleasant surprise to have it confirmed in the Notice of General Meeting.
Furthermore I think the Directors have been very transparent and forthright in their assessment of the advantages and disadvantages of the proposed distribution, and I am quite comfortable to maintain my investment in AMM into the forseeable future.
Rgds,
Lilac
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Mkt cap ! $3.12M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 166468 | 1.5¢ |
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Price($) | Vol. | No. |
---|---|---|
1.6¢ | 200000 | 1 |
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No. | Vol. | Price($) |
---|---|---|
1 | 166468 | 0.015 |
2 | 179240 | 0.013 |
1 | 45800 | 0.012 |
1 | 53680 | 0.011 |
1 | 100000 | 0.010 |
Price($) | Vol. | No. |
---|---|---|
0.016 | 200000 | 1 |
0.020 | 60000 | 1 |
0.032 | 18887 | 1 |
0.039 | 53000 | 1 |
0.045 | 45000 | 1 |
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