Australia's largest stock trading and investment forum Australia's #1 stock forum

TAS

Click for more information

0.00%

0.5¢ tasman resources ltd

The Solomans are Lawyers. Leave it to them to get the best deal..

First 64 Last

Share
Profile

Follow
nursery

9,634 Posts.

241

15/04/16

15:39

Post #: 17515309
Share

Originally posted by ddzx ↑

the tax assumption is complicated because if TAS paid a dividend, a dividend & capital component must be worked out by TAS

if TAS paid the $1.23 dividend in my scenario, on which 58 cents income tax is payable, investors that bought shares over my 6.6 cents capital component assumption would also make a capital loss on the value of their shares, which can be used to offset other capital gains

so the proposed 90% differential is probably too low

for example, if TAS was bought for 20 cents a share and the company paid out most of the profit in a dividend (of say $1.20), shareholders would receive 64 cents net after tax from the dividend but also get a capital loss of 17 cents (since their share value would fall to the 3 cents cash backing left in the company).

something like that...its too complicated

to hedge bets, the TAS share price might be worth 100% of the EDE share price

Expand

The Solomans are Lawyers. Leave it to them to get the best deal..

TAS Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

US election outcomes: Key economic and market takeaways

There are more pages in this discussion • 86 more messages in this thread...

First 64 Last

Add TAS (ASX) to my watchlist

(20min delay)
Last 0.5¢		Change 0.000(0.00%)		Mkt cap ! $4.026M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	221958	0.4¢

Sellers (Offers)

Price($)	Vol.	No.
0.5¢	4785706	4

View Market Depth

No.	Vol.	Price($)
1	71571	0.040
1	16035	0.039
3	215789	0.038
1	200000	0.037
2	80000	0.036

Price($)	Vol.	No.
0.044	50000	1
0.045	127874	1
0.048	125145	2
0.052	27200	1
0.055	10000	1

Last trade - 16.12pm 18/11/2024 (20 minute delay)

TAS (ASX) Chart

Day chart unavailable

SPONSORED BY