OTCPK:SMMCF - Post by User
Comment by
SargeXon Feb 17, 2023 11:44am
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Post# 35292183
RE:special distribution
RE:special distributionI was thinking of buying at $23.25 near the end of the day yesterday but wasn't sure how this was going to work today. I'm sad I didn't as SMU is obviously trading as usual today.
I think the special distribution is going to be $2.10 and will be treated as income so if a non-reg account, it would be way better for you to sell right now at $23.45 to have lower taxes and a higher return.
Ciao
Sarge
bychoice wrote: How much will this special distribution be? I hope that it is not too much or the $23.50 won't teally be $23.50 after the tax is paid on the distribution