Luckily you dont go to jail for a GST bill. And unless you are audited, noone knows. If audited, it may be found you owe some tax and you get a bill. The capital gain of course can be reduced by any capital loss.
But. to be a good law abiding person, the clock does start again from conversion date. The purchase price being original oppie price plus the strike price. A search of the ATO website has the data required.
Ann: BPAY or EFT Process for IMUOC & IMUOD Option Holders, page-16
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Mkt cap ! $395.2M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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