cjlcowled
They will determine (using independent 'expert' opinion) an apportionment, which you then allocate to your cost base (purchase price).
It is then understandable that those who invested for one side of the story or the other will probably sell the holding in the non-core sometime after the split.
In turn those parties may well use those proceeds or other to buy more of the side they like (as it was the reason they bought into the story in the first place).
As some have mentioned hopefully they leave the apparent weaker one not needing a CR and may do a CR to set up the stronger. (e.g. BHP:S32).
Anyway that is my thoughts, and time will tell. I am happy to hold both.
Ann: Corporate Restructure Review, page-93
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