SBM 7.69% 21.0¢ st barbara limited

Ann: ATO Class Ruling for In-specie Distribution of GMD Shares, page-2

  1. 404 Posts.
    lightbulb Created with Sketch. 44
    https://hotcopper.com.au/data/attachments/5821/5821852-e687ecffe9992c851e62fa3c1dd5ab7e.jpg

    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.
 
watchlist Created with Sketch. Add SBM (ASX) to my watchlist
(20min delay)
Last
21.0¢
Change
0.015(7.69%)
Mkt cap ! $171.7M
Open High Low Value Volume
20.5¢ 21.0¢ 20.0¢ $2.213M 10.76M

Buyers (Bids)

No. Vol. Price($)
7 361025 20.5¢
 

Sellers (Offers)

Price($) Vol. No.
21.0¢ 1595913 23
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
SBM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.