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0.00% 4.2¢ magnis energy technologies ltd

Ann: Appendix 3B-MNS.AX, page-27

  1. ramblehe
    1,403 Posts.
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    20/08/16
    18:31
    Post #: 18565956
    That would mean your cost basis of the share is (the original cost of the option (50c) plus the conversion cost (10c) ) = 60c. So if you sold a few days later @98c, the gain would be 38c... even though on the date you converted the price was a dollar.

    The clock starts again for the Capital gains discount though.
    MNS Price at posting: 66.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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