the roll-over relief is an issue for DIO shareholders who hold their shares on capital account if RMS only gets, say, 70% acceptance - which will happen if AVO hold true to their word of not accepting the RMS bid.
no one wants to pay tax on a scrip transaction where you don't receive any cash proceeds as you need to cough up the cash from other sources..
i'd imagine you're in the minority holding your shares as trading stock and revaluing at market value at the end of each year (why pay tax on unrealised gains? why not chose the lower of cost and market value at year-end for each parcel of shares?)
DIO Price at posting:
81.0¢ Sentiment: None Disclosure: Not Held
