It is hard to understand buying KFL at the moment at 1.41/1.43 when you can buy the warrant at .12 and pay 1.25 for a total cost of 1.37. Shows the lack of understanding of warrants.
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It is hard to understand buying KFL at the moment at 1.41/1.43 when you can buy the warrant at .12 and pay 1.25 for a total cost of 1.37. Shows the lack of understanding of warrants.
Yeah I know that.
I only had a very small number if warrants to exercise, and had put the money aside to do it, so figured I would just do it now. Only talking 290 warrants so the money wasn’t earning me anything in terms of interest. If it had been large numbers of warrants I would have left my money in the bank until closer to the time.
I'll start looking in my mail box then although i thought they did come by email. Cheers.
Today I just received a letter from Computershare, because I am a KFL shareholder.
It is a Tax Residency Self-Certification Form - Individual.
It says:
"As a result of the New Zealand Government agreeing to participate in the exchange of information with other jurisdictions under the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS), Financial Institutions are required to undertake due diligence to determine the account holders' jurisdiction of tax residence.
This form has been sent to you on behalf of Kingfish Limited.
If you have received this form it is important the securityholders jurisdiction of tax residence is certified. If not certified, the Financial Institution in which you are a securityholder may be required to report the security holder's name, address, amounts paid to the account and value of securities to the New Zealand Inland Revenue Department who may report those details to the Internal Revenue Service of the United States or other tax autohorities."
Did anyone else get this letter? I don't understand what this is all about. I'm an NZ tax resident, lived in NZ my whole life. Why did I get this letter? Bit of a nuisance. I don't feel like filling this form out, especially when I don't know what it's about!!!