MEP 7 July
The Ruling confirms:
• no part of the Capital Return will be assessable as a dividend
• the Capital Return amount was $0.0206 per Minotaur share held
• The first element of a Shareholder’s cost base and reduced cost base of their Demetallica
shares received under the Capital Return was $0.0206 per Minotaur share held
• This equates to a cost based and reduced cost base of approximately $0.3996 per
Demetallica share, based on 27,829,457 Demetallica shares on issue at the time of the
Capital Return
• Minotaur shareholders who disposed of their shares under the Takeover can choose to
apply scrip for scrip CGT rollover
SOTT Here: and then you can multiply your 0.3996 by * 1.3 to accomodate the 1.0 A1M for 1.3 DRM
and you get something just shy of 0.52
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