What is interesting also given where Eclipse was 18-24 months ago <1 cents etc. With the demerger of the NT Uranium tenements, arises a peculiar CGT event if your cost base is lower <0.8 cents per share i.e 27x EPM shares @0.8 cents = 21 cents. could actually have "negative cost-base", which results in CGT tax on the negative portion. DYOR on it other pass demergers, should find the same guideline rulings with the tax-sections. (usually not written in english).
Above needs to be clarified formally with ATO; but is usually filler paragraph on ATO class rulings.
Probably only way to stop the above is average up the cost base i.e. exercise options, or make further purchase on market.
EPM Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
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