First milk shares

supercow

Member
Location
Dumfriesshire
That seems low would of thought given the current climate they would of made more
Reasonable considering that they were 10 pence only a few months ago. There has to be a time where they plateau, fm not taking member on/very few members so demand may for shares may drop. I don’t know it’s above my pay grade
 

AnotherOldGit

Member
Mixed Farmer
Just out of interest does anyone know what the base cost for the shares are? Looking through the web it definitely doesn't seem to be the base vale, unless you know better. Capital Gains Tax beckons.
 

O'Reilly

Member
Just out of interest does anyone know what the base cost for the shares are? Looking through the web it definitely doesn't seem to be the base vale, unless you know better. Capital Gains Tax beckons.
They were £1/share, maybe the c shares are zero, as we were given them, but there weren't many of those, and the loss on the ordinary shares outweighs it massively
 

AnotherOldGit

Member
Mixed Farmer
Well the taxman will want his capital gains tax when you sell. My understanding is that they had some sort of value, but nobody seems to know what it was. The fact that you could not sell them doesn't mean they had no value. Its possible an agreement was struck with HMRC, but it doesn't seem to be online.
 

SFI - What % were you taking out of production?

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