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What Profit If I Sell, page-2

  1. gjh
    402 Posts.
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    10/02/16
    11:08
    Post #: 16983890
    No but at this stage it is not known how much is profit (or loss). NAB will announce a "Capital Reduction Pro Rata Amount". You multiply that by the number of NAB shares you held at demerger time to get the "Capital Reduction Portion", which is the cost base for your CYB shares and the amount by which you reduce the cost base of your NAB holding. I don't know when NAB will make the announcement but the number is based on the weighted average price of CYB over several days of trading.
    CYB Price at posting: $3.97 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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