MGT magnetite mines limited.
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Ann: Consolidation/Split - MGT, page-341

  1. RonaldoTheGoat
    129 Posts.
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    17/02/23
    16:35
    Post #: 66315923
    Can someone please help me make sense of this consolidation for tax implications. I'm looking at offsetting some gains this year with losses but as this is my first ever consolidation I'm lost.

    i originally had 500k shares which I spent $20k to get. After the consolidation I have 10k shares which can be sold for $7650 as it stands.

    Does this mean I can claim a loss of $12,350? Cheers for any advice!
    MGT Price at posting: 76.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
8.5¢ 		Change
-0.008(8.60%) 		Mkt cap ! $10.28M
Open High Low Value Volume
9.2¢ 9.2¢ 7.1¢ $70.24K 813.6K

Buyers (Bids)

No. Vol. Price($)
1 7488 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 23582 2
View Market Depth
Last trade - 15.47pm 24/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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