OTCPK:MEAOD - Post by User
Post by
4funon Apr 14, 2010 9:06am
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Post# 16989225
Four month hold should be up
Four month hold should be upOn December 11 2009 over 9.2 million flow through shares were issued at 58 cents. In Quebec the after tax cost would be about 16.5 cents. When the legend is removed there could be heavy selling. LOOK OUT this stock could drop back into the 40's really fast.
Below is the calculations for the tax effect.
https://www.pdac.ca/pdac/advocacy/financial/flow-through-brochure.pdf