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.
In layman terms does it mean if I bought 20,000 SBM share at...
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25.0¢ |
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Mkt cap ! $204.5M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 26.5¢ | 25.0¢ | $1.209M | 4.678M |
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| No. | Vol. | Price($) |
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| 15 | 707806 | 25.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 1033222 | 3 |
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