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$5.28 galaxy resources limited

I can't see that ... I am not an accountant either, but it is...

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Suzygs1000

1,100 Posts.

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31/07/21

12:35

Post #: 54926952
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Originally posted by graham4342: ↑

Hi GCar,
I am not an accountant, but I believe that if the merger goes through, you are going to have a Capital Gains Event, regardless of whether you sell your shares or not.

https://www.ato.gov.au/general/capital-gains-tax/shares,-units-and-similar-investments/cgt-events-affecting-shares-and-units/

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I can't see that ... I am not an accountant either, but it is plain that there will be neither a loss or gain due to the merger for either Galaxy or ORE share holders .... the dollar value of their investment will not change at the instant of merge ...

GXY Price at posting: $4.66 Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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