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Shares tax free
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anthonyok
- Posts: 81
- Joined: 13 Oct 2007, 17:53
Shares tax free
When the time comes in October for us to with draw our shares tax free , because of the volume of the workforce drawing out /selling their shares would it devalue the share price? any other companies had this happen?
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noggin1969
- Posts: 1321
- Joined: 13 Oct 2009, 17:28
- Gender: Male
Shares tax free
I think it'll be negligible , 10% max was given to the staff. Shares already sold and people that'll still hold onto them come October , there would only be a small % up for sale compared to the big funds that trade 100,000 of shares at a time.