Cryptocurrency Q&A
Why is the perpetual share price falling?
Why is the perpetual share price falling?
KpopStarletShineBrightnessStarlight
Wed Mar 12 2025
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6
answers
1331
The perpetual share price has been continuously falling, which makes me very concerned. I want to know the reasons behind this trend and whether there are any specific factors causing the decline.
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6 answers
CharmedWhisper
Fri Mar 14 2025
The ATO's ruling affected Perpetual's proposed sale of its Wealth Management and Corporate Trust businesses to KKR. The deal, valued at $2.175 billion, was seen as a strategic move to streamline Perpetual's operations and enhance its financial position.
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CryptoElite
Fri Mar 14 2025
Perpetual disclosed that the cash returns from this sale would now be fully taxable. This revelation came as a shock to investors and stakeholders who had anticipated a favorable tax treatment for the proceeds.
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benjamin_brown_entrepreneur
Fri Mar 14 2025
The tax liability associated with the sale will undoubtedly impact Perpetual's bottom line. The company will need to reassess its financial projections and possibly adjust its future plans to accommodate this new development.
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HanRiverWave
Fri Mar 14 2025
Perpetual Ltd, traded on the ASX under the ticker PPT, faced significant turmoil this morning. The financial services company encountered a major obstacle from the Australian Taxation Office (ATO). This development had far-reaching implications for the company's financial plans.
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Giuseppe
Fri Mar 14 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services that cater to the needs of digital asset investors. Its comprehensive suite of products includes spot trading, futures trading, and secure wallet solutions.
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