I may be not be on the same wave length here but will try to explain. The cost base of your MLT shares is what the cost was when purchased. What we are endeavouring to do is establish the value of the new SOL shares on implementation so that a capital gain or loss is recognised. Basically that value (SOL /share) would be existing 1 MLT share x.18 x $38.20 estimate (per SOL share). The difference between this value and the cost base of your original MLT shares would constitute the gain or loss. However, script for script roll-over relief can be applied for so that the capital gain is disregarded. There are a few caveats to this so best to read up on page 112 of the scheme booklet.
SOL Price at posting:
$35.93 Sentiment: Buy Disclosure: Held
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