GREY:ATBPF - Post by User
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Pragmatiston Jun 06, 2021 7:42pm
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Post# 33338143
RE:RE:RE:RE:RE:Amalgamation transactions should be finished after this ..
RE:RE:RE:RE:RE:Amalgamation transactions should be finished after this ..Pragmatist wrote: CalgaryATE wrote: Could it be as simple as selling to save enough to pay the taxman? I know they went with a three cornered amalgamation to reduce their taxes, but they probably still owe some. I imagine it wouldn't be fun trying to pay their taxes next April if they were in the middle of a lock up period (negotiating a buyout/partnership, middle of phase 3).
Doccole wrote: I assumed there was selling from insiders. The Canadian volume was high...
Insider selling tells me there is nothing on the horizon, or why would insider sell? Am I wrong? Please tell me I am?!
As long as they received nothing but Antibe shares as "consideration" for the amalgamation, they can defer capital capital gains on the Holdings shares.
Calgary...Pls disregard my last comment. I see now you were referring to the initial share transfer which occured a few months back.