UML unity mining limited
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Ann: Supreme Court Approves Scheme of Arrangement-UML.AX, page-9

  1. curiouswon
    3,923 Posts.
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    27/05/16
    11:09
    Post #: 17882446
    Gymjunky
    see page45 (section 6) of Explanatory Booklet for tax explanation.
    essentially two transactions:
    1. capital return i.e. reduction (which is a CGT event only if profitable, i.e. cost base less than 1.0c) which reduces cost base
    2. disposal which is a CGT event (profit or loss) per normal rules

    and why BLK please?
    UML Price at posting: 3.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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