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  1. #2501
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    FYI a settlement is unlikely to be taxable income.

  2. #2502
    Legend Balance's Avatar
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    Quote Originally Posted by Cyclical View Post
    $1 per share works for me. Although I guess the taxman takes away a 3rd of it, which isn't so appealing.
    Out of court settlement is taxable?

  3. #2503
    Senior Member
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    Quote Originally Posted by Balance View Post
    Out of court settlement is taxable?
    Wouldnt think so, it would recovery of expenses with a top up of capital damages.

  4. #2504
    Legend Balance's Avatar
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    Quote Originally Posted by bottomfeeder View Post
    Wouldnt think so, it would recovery of expenses with a top up of capital damages.
    If MET pays no tax on it, a tax free return can then be done via share cancellation.

  5. #2505
    Legend peat's Avatar
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    Quote Originally Posted by Cyclical View Post
    $1 per share works for me. Although I guess the taxman takes away a 3rd of it, which isn't so appealing.
    at current price $2.64 per share is what I am hoping for.

    Its easy APVG, do what you committed to do.
    For clarity, nothing I say is advice....

  6. #2506
    Senior Member
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    Quote Originally Posted by peat View Post
    at current price $2.64 per share is what I am hoping for.

    Its easy APVG, do what you committed to do.
    Far be it for me to disagree with that

  7. #2507
    Speedy Az winner69's Avatar
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    Even though lockdown essentially over I'm still bored as

    So updated this - the low point late last year was when Winner Analytics Consulting did some work for Mr Couta and advised him that MET was a screaming buy - a few weeks later a takeover and we all cleaned up big time.

    The next low was when Guru Butch announced that MET was a screaming buy. Ahead at this point in time but still waiting for the $6 plus payday.

    But isn't it spooky that even with supposedly better fundamentals and a chance of a takeover the MET share price still struggles to improve its relativity against the Ryman share price....and looks like it will never revert to the mean.

    On this chart MET has never been as cheap as it is compared to RYM
    Attached Images Attached Images
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #2508
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by peat View Post
    at current price $2.64 per share is what I am hoping for.

    Its easy APVG, do what you committed to do.
    Woof Woof I agree !
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  9. #2509
    Senior Member
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    Quote Originally Posted by peat View Post
    at current price $2.64 per share is what I am hoping for.

    Its easy APVG, do what you committed to do.
    With the renewed upward momentum over there at OCA (think rising tide and all), and the fact NZ appears to have this Covid thing in hand, I wonder if EQT's desire to quit this contract may start to soften a little. Who wouldn't want some bargain basement bricks and mortar in our part of the world?

    Crikey, just watched a painful interview by Jack Tame on Mr Muller... Here's one for Todd, sell NZ as a Covid free retirement village to the world.

  10. #2510
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    Sorry, removed comment, in bad taste.
    Last edited by bottomfeeder; 26-05-2020 at 08:01 AM.

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