As an example:
BHP shares will go down. So a capital loss.
capital will be moved to gain WPL shares. An income will be made from that capital loss
if you sell WPL your cost base will be zero at the issue price.
not a bad way to do due to the franking credits.
Ann: Unification scheme of arrangement becomes effective, page-17
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Last
$40.77 |
Change
0.240(0.59%) |
Mkt cap ! $206.7B | |||
| Open | High | Low | Value | Volume |
| $40.70 | $40.90 | $40.45 | $537.7M | 13.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50 | $40.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.78 | 8000 | 4 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |