TSK - TASK Group Holdings

[Greekwatchdog]

Good Volumes going thru at $0.80. All that for $0.01? Someone accumulating??

[mfd]

0.01, plus the value of the implied option on PAR. The split offer becomes more valuable than the cash offer if PAR's share price increases.

[blobbles]

0.01, plus the value of the implied option on PAR. The split offer becomes more valuable than the cash offer if PAR's share price increases.

Surely some smart cookie here, depending on the announcement and PAR share price, would be buying everything up to 90-95% of PARs option value? Given many would want to sell and realise a decent profit, giving say a 10c premium over the 81c makes a lot of sense for both parties? Too risky?

[dln]

DOH.
https://www.stuff.co.nz/food-drink/3...alia-and-japan

Sold all mine today.

[SausageDog]

I sold out today as well,I have a feeling this will end badly. A profit is a profit , hope I’m wrong.

[dln]

A bird in the bed is worth two in the bushes.

[anthonyb92]

DOH.
https://www.stuff.co.nz/food-drink/3...alia-and-japan

Sold all mine today.

Task doesn't run McDonalds POS software... DOH.

[Curly]

So if your sale of shares (AUD$) exceeds the $50,000.00nz threshold, are you caught by FIF tax regime at 5%?

[SausageDog]

Foreign Investment Fund (FIF) tax rules apply when the cost price of your overseas investments tips over $50,000 NZD, even if it’s just for one day. A few things to note:

The $50,000 NZD threshold is not based on the market value of your investments; it’s the cost price (what you paid for them) and doesn’t include any gains or losses

[Ggcc]

Not quite correct and I advise anyone to see accountant before understanding any FIF rules