As far as I know they are subject to CGT. However, I am not sure quite exactly how it works.
I think you may claim a capital loss on the Notes (but I am not sure at what point you can do this) and then any recovery amount(s) is (are) assessable as ordinary income.
Anybody know any different?
afgha - phone call to administrator, page-38
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Last
$1.38 |
Change
0.030(2.23%) |
Mkt cap ! $372.3M | |||
| Open | High | Low | Value | Volume |
| $1.36 | $1.38 | $1.35 | $357.6K | 261.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3094 | $1.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.38 | 3284 | 1 |
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| AFG (ASX) Chart |