Could not agree more!! Not to mention the literal millions in tax dollars spent to create a critical minerals stance that is then completely ignored along with 20k citizens.I'm not worried about capital gains tax - the ability to buy shares that plummet 70% from my buy in price gives me plenty of scope to offset capital gains.
I look forward to a dedicated capital gains tax dodging thread because the f#cking useless Australian government doesn't deserve the hundreds of millions they will receive in cgt from the sale of AVZ. Penny Wong and Albo on the radio this morning dribbling on about some lady picking up a baby wombat. FMD!!
This is exactly why I want a capital return and not Income. 10% CGT in SMSF and 25% in my company (no discount available but there are other tax reducing methods available). Not to gloat, but my buy-in is 7c to 10c so I'm watching with laser vision...I'm not worried about capital gains tax - the ability to buy shares that plummet 70% from my buy in price gives me plenty of scope to offset capital gains.
I look forward to a dedicated capital gains tax dodging thread because the f#cking useless Australian government doesn't deserve the hundreds of millions they will receive in cgt from the sale of AVZ. Penny Wong and Albo on the radio this morning dribbling on about some lady picking up a baby wombat. FMD!!
I still get a paywall on this one too?Yesterday's article is now publicly available via The Courier, would be the best way to share on socials.
They allow comments on the article
PS. IF anyone has any spare shares for sale, I'll take em..
Some heroes don’t wear capes!. Not to gloat, but my buy-in is 7c to 10c so I'm watching with laser vision...
haha, i know, but, you can bet that Management are considering the tax savings of 50% discount on their pile of shares already...I'm not worried about capital gains tax - the ability to buy shares that plummet 70% from my buy in price gives me plenty of scope to offset capital gains.
I look forward to a dedicated capital gains tax dodging thread because the f#cking useless Australian government doesn't deserve the hundreds of millions they will receive in cgt from the sale of AVZ. Penny Wong and Albo on the radio this morning dribbling on about some lady picking up a baby wombat. FMD!!
You would think so......or hope so!haha, i know, but, you can bet that Management are considering the tax savings of 50% discount on their pile of shares already...
Frank posted this yesterday “am sure AVZ Board are keeping all options open with only 84 days left before the ICSID case is heard”Who was it that mentioned the days till ISCID starts? What's the date. I'm thinking another counter might be in order.
I’m going to hazard a guess that this did not happen in the last few weeks. Kobold has been sniffing around for some time now …. Perhaps Trump and co were formulating a plan in his run up to the election in the event that he won. Pretty sure all the white noise on X and knowledge within the lithium industry has helped create awareness for the powers that be.Originally I thought CATH would be pushed out of the deal when/if a US firm purchased AVZ’s stake in Monano and that that would be fair, given they voted with MMGA and I can’t say I really trusted them after that even when they gave us 20 million.
However, I could imagine a world where CATH, who sell their batteries to Tesla have a word with the leadership at Tesla about securing the necessary resources for battery production and next thing you know Elon is talking to Trump about securing the worlds largest lithium mine…..
Or perhaps it was just good work on Nigel‘s part to head to Washington. We might never know, but it’s nice to have some hope for the first time in a very long time.
The start date mate. I need it for the code to workFrank posted this yesterday “am sure AVZ Board are keeping all options open with only 84 days left before the ICSID case is heard”
9Cardomaha posted this:The start date mate. I need it for the code to work