Quote Originally Posted by percy View Post
As usual I am saying the opposite...!!..lol.
While Macquarie continue to hold ,OCA can use their [OCA's] tax losses.
Should Macquarie sell out OCA will not be able to take advantage of their [OCA's} tax losses.
When either Macquarie sell out, or OCA use up their tax losses, then they will start to pay tax.Once they start to pay tax,shareholders will start to receive imputated dividends.At present OCA's divie carries no imputation credits.
I am sorry I do not know at what [Macquarie sell down] level OCA will lose their tax losses.
OK...thanks...that's clear. I'll pop them back in the bottom draw and let them do their thing for a while again.