In this week’s show
02:08 – Q1:MYX down significantly today – any insight?
07:48 – Q2:Could please comment on two stocks that have binding takeover offers? These stocks are PEK (PEAK RARE EARTHS LIMITED) and AGI (AINSWORTH GAME TECHNOLOGY LIMITED)
12:56 – Q3:Back to MYX again, today it has dripped to $6.26 something happened since yesterday?
13:05 – Q4:Can you explain the talk of taxing supper funds over $3 million . Its not me but I do have a supper fund with my wife I take it that the fund would have to exceed $3 million per person to trigger this tax.
15:20 – Q5:Do you know if the AOF distributions are considered a return of capital and thus matched against the buy proceeds to determine a capital gain or loss? Or are they considered a dividend whereby the distributions would be taxed at your marginal tax rate (without any franking credits)? I assumed the former as if it was the latter, we would be paying tax on all the distributions but end up with a large capital loss on the purchase price of the shares. It’s jus that when I read the AOF distribution statement, it looks a lot like a dividend statement.
16:29 – Q5:Could you provide a rough time frame for the payment from the current Event trades, plus GDC & DSE, please. Also, the value per share that will come in the final payment.
