This should get you started. Obviously not advice and you need to speak to your accountant!!!
There was an ATO ruling on the ADN > MEP / DRM below is an extract and links to both (all the info you need is in those docs)
https://hotcopper.com.au/threads/ann-ato-class-ruling.6832471/
https://hotcopper.com.au/threads/ann-ato-class-ruling-tax-implications.6832366/
"24. If you accepted Andromeda’s offer to acquire all of your Minotaur shares (the Offer) before the Offer became unconditional, CGT event A1 happened when the Offer became unconditional on 7 February 2022 (paragraph 104-10(3)(a))."
The ratio of the offer was 1.15 ADN per MEP.
In regard to the DRM issue my notes had "In speccie distribution of DRM - 4/3/22 @ $0.3996 Per Share" Oh how we cried at that crazy valuation.
Then for DRM to A1M. "1 A1M for every 1.3 DRM" This was around Jan 2023. We are still underwater on that one as wellSee below
https://hotcopper.com.au/threads/ann-completion-of-compulsory-acquisition-of-demetallica-limited.7177657/
Hope that helps. Happy reading and calculatoring!!!
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Mkt cap ! $172.7M |
Open | High | Low | Value | Volume |
30.5¢ | 30.5¢ | 29.5¢ | $108.3K | 361.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 219852 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 262 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 219852 | 0.295 |
11 | 117855 | 0.290 |
9 | 96529 | 0.285 |
12 | 288430 | 0.280 |
3 | 160000 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 262 | 1 |
0.305 | 176431 | 3 |
0.310 | 25003 | 2 |
0.315 | 25097 | 3 |
0.320 | 7003 | 1 |
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