In layman terms does it mean if I bought 20,000 SBM share at $0.56 ($11200) and I received 5,013 GMD shares for it whose cost base now will be $0.3014 ($1510.92) So new cost base now for SBM shares is ( ($11200 - $1510.92 = $9689.08) ?. Does it sound right?
Any expert advise?
I know my tax consultant will sort out at year end just want to know if I understood it correctly.
Ann: ATO Class Ruling for In-specie Distribution of GMD Shares, page-2
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Last
29.8¢ |
Change
-0.003(0.83%) |
Mkt cap ! $330.2M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $489.6K | 1.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 475964 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 277807 | 29 |
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| Last trade - 12.23pm 28/07/2025 (20 minute delay) ? |
| SBM (ASX) Chart |