ICG 25.0% 0.3¢ inca minerals limited

tallplumberI had a time to consider various possibilitiesMay be...

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    I had a time to consider various possibilities

    May be one of large holders ( not me) made significant capital tax gains this year and wanted to offset them by crystallizing Inca loss but still holding the shares

    so he bought first @ 0.5 and sold next day losing 0.1
    on 50m shares it would cost him 50k in cash with benefit of CGT offset much larger depending upon his average on the sold parcell

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