Ann: Suspension from Quotation, page-6

  1. 439 Posts.
    lightbulb Created with Sketch. 210
    I was hoping it was a simple as that, - and I think in the end result it may be?

    But the wording of the scheme booklet caused me to question it.

    It looks like it comes down to how the company sets things up with the ATO, - but this wasn't clear to me in the booklet. It seems if it is a CG loss triggered on conversion then this is locked in, but if it is a gain then relief may apply, - and this is where I am hoping to get more understanding. Relief seems to apply if you simply continue to hold the new STO (old OSH) shares, and you don't have to pay CG until you sell. But.... what happens if you sell a few weeks/ months after the conversion? (assuming you had held the OSH shares for more than 12 months before the conversion....).

    Surely there are many with the same question. Would have thought it would have been spelt out a little clearer in the scheme booklet.... but maybe I am missing something.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.