Good summary - not sure about the tax bit though

US tax year is the calendar year.

The salient point from a tax perspective is actually making sure that NCFC doesn't end up with a massive tax charge (which it won't).

Posted By: SimonOTBC on October 9th 2024 at 10:19:53

Message Thread

This "explainer" is just a copy and paste from the shareholders' document (NCFC) - norwaay, Oct 9, 07:52:28
- To be honest, the exact mechanics of all this dont matter that much (NCFC) - Under soil heating, Oct 9, 09:53:57
  - I'm fine with getting my 83 shares diluted, considering the alternatives (NCFC) - Kev, Oct 9, 19:20:33
  - And also to Delia and Michael (NCFC) - Old Man, Oct 9, 10:30:44
  - Good summary - not sure about the tax bit though (NCFC) - SimonOTBC, Oct 9, 10:19:53
    - Not so fast....Some financial decisions can be made... (NCFC) - usacanary, Oct 9, 11:01:22
      - Yes, fair enough (NCFC) - SimonOTBC, Oct 9, 11:27:14
  - Hi Mr Attanasio (n/m) (NCFC) - Jumbo1, Oct 9, 10:08:52
  - Agree. But as I said... "explainer" (n/m) (NCFC) - norwaay, Oct 9, 09:55:41
    - It's clearly an area Connor doesn't understand (NCFC) - SimonOTBC, Oct 9, 10:21:26
    - Conner should have come to me! Feel free to copy my post! :-) (n/m) (NCFC) - Under soil heating, Oct 9, 09:57:10
      - 😄 (n/m) (NCFC) - norwaay, Oct 9, 10:00:38
    - ... (NCFC) - Under soil heating, Oct 9, 09:56:40
- Most people will have no real idea what it means (NCFC) - norwaay, Oct 9, 09:45:07
  - VMT (NCFC) - SimonOTBC, Oct 9, 10:24:16
  - Sorry - meant for The Grump (n/m) (NCFC) - norwaay, Oct 9, 09:45:55
- On Monday the U21s played Reading. (NCFC) - Henclrikus, Oct 9, 08:34:50
- Doesn’t he say in one line (NCFC) - Dog, Oct 9, 08:14:29
  - Like most "investors" he assumes the risk but.. (NCFC) - usacanary, Oct 9, 11:09:19
    - I don't think there's any prospect of dividends actually being paid (NCFC) - SimonOTBC, Oct 9, 11:33:08
  - shares are equity, not debt. Dividends are not debt repayments. (n/m) (NCFC) - Tony Martin, Oct 9, 09:08:06
    - I get what Dog is saying. (NCFC) - NxNW, Oct 9, 09:26:00
      - That would depend on the payment terms though (NCFC) - SimonOTBC, Oct 9, 10:28:12
      - Not having access to all the docs, I dont think this is plan (NCFC) - Under soil heating, Oct 9, 10:07:07
    - Think there are PSR considerations as well… (NCFC) - loz, Oct 9, 09:09:38
- Perfectly clear (n/m) (NCFC) - TheGrump, Oct 9, 08:08:53

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