Just been on website to read Prospectus, but still can't work it out. New company is WGR (Western Gold Resources) which now hold the gold assets of GWR (GWR Group).
There were many shares offered at 20 cents per share but I didn't take any of these. If I sold my freebies, I would need to know their cost base for Capital Gain purposes.
Although I got about 1 WGR share for every 8.5 GWR shares for no charge, I shouldn't have a cost base of zero because the GWR company now holds less resources and share prrice fallen in recognition of that as their gold assets are now owned by the new company formed, WGR.
