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$5.83 boral limited.

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Andrewf69

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29/09/21

21:39

Post #: 56447134
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Originally posted by scottyb83: ↑

Nicely done. In that case the capital return is first used to reduce your cost base to zero, and following that you have to pay capital gains on what's remaining (you can't have negative cost base). i.e. if you paid $1.7/share, then the first $1.7 of the $2.7/share capital return is used to reduce your cost base to zero and the remaining $1 of capital gains would incur CGT. If in future you eventually sell your zero cost shares, you'd incur CGT on full sale value, but that won't be till it's sold. Till then it's a beautiful tax free win for you my friend hope that makes sense

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Thanks, appreciate you taking the time to reply/explain.

BLD Price at posting: $6.01 Sentiment: Buy Disclosure: Held
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