The tax implications defence seems like bollocks to me. From my limited research it appears Israel capital gains tax is not unlike Australia. Tax is paid on the sale of an asset but at a higher rate.
No tax should be owing on wbt shares he holds. Only when he sells.
I don’t understand why he just doesn’t sell the lot off market to a professional or sophisticated investor. Maybe @taffyjuke is onto something...
Ann: Change in substantial holding, page-17
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Last
$3.19 |
Change
-0.100(3.04%) |
Mkt cap ! $353.2M | |||
| Open | High | Low | Value | Volume |
| $3.31 | $3.45 | $3.18 | $4.002M | 1.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 19867 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 4150 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WBT (ASX) Chart |
