fms options expiring sept 09, page-21

I thought there was a tax ruling whereby upon conversion of the options a CGT event is triggered. But im now thinking the price you buy the oppies at may just be added to the conversion price to determine the price paid.

e.g. if oppies are bought at 2 cents and conversion is 10 cents = 12 cents paid. Ill check this tomorrow.

Im going on hols there for around 3 weeks, going to osaka, kyoto, toyko, takayama, skiakawago and prob hiroshima.. you should check out shirakawago its a nice farm house village in the japanese alps.