88E 0.00% 0.2¢ 88 energy limited

Ann: Operations Update, page-86

  1. 1,414 Posts.
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    Hi Judy,

    Just treat them exactly the same as buying shares. However; keep in mind that these have an excise price of 0.02 per share payable by march 2018. If you choose to pay the excise price then they will be converted to ordinary 88 shares. If not you will loose them. You can also trade them in the mean time like ordinary shares.

    Also note that if you covert the CGT liability is reset on the day of conversion so you will have to wait 12 months before you will be eligible for the CGT discount.
 
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