Afterpay Valuation, page-1687

initially I had the $10.58 differance also,
but its not coming out with the same net result.

let me know if im making a mistake here.

example 1000 units brought at $13

pre cgt discount

sell @ $60
gross 1000 × (60 - 13) = 47,000
tax = 47,000 × 0.45 = 21,150
NET 47,000 - 21,150 = $25,850

post cgt discount

sell @ 49.42
gross 1000 × (49.42 - 13) = 36,420
tax = 36,420 × 0.225 = 8,194.50
NET 36,420 - 8194 = 28,225.50

differance of 2375.50.

head start should be bigger if i wait for cgt discount, or a i messed up somewhere????