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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Last
22.5¢ |
Change
0.010(4.65%) |
Mkt cap ! $184.0M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 22.8¢ | 21.5¢ | $512.5K | 2.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 492803 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 548490 | 8 |
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| SBM (ASX) Chart |