Hi emmar, sorry for the delayed response. This seems like a specific, and favourable, ruling for ALK investors because, on the ATO website, the general advice is that the date of the demerger becomes the date of acquisition of the demerged share - see
https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/Demergers-and-CGT/
Most of us would prefer to follow the specific rule for ALK as we would have the option of selling earlier, some ASM shares, with a CGT discount.
ASM Chart Thread, page-758
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Last
64.5¢ |
Change
-0.055(7.86%) |
Mkt cap ! $116.8M | |||
| Open | High | Low | Value | Volume |
| 69.5¢ | 70.0¢ | 63.0¢ | $166.2K | 256.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 799 | 64.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 69.5¢ | 4500 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |