GXY 0.00% $5.28 galaxy resources limited

Ann: Orocobre and Galaxy Merger - Announcement, page-644

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  1. 14,136 Posts.
    lightbulb Created with Sketch. 8587
    Some relevant info from the ATO and from GXY below that may assist.
    (Note; they caution reliance on this info and urge individuals to seek their own financial advice)

    FWIW my understanding is that this merger will not realise a CGT event in my case, and I will simply recalculate my cost base (same overall $ but higher $ per share) when I receive my new ORE/MergeCo shares.
    Not advice!



    https://www.ato.gov.au/general/capital-gains-tax/shares,-units-and-similar-investments/takeovers-and-mergers,-scrip-for-scrip-rollover/

    https://hotcopper.com.au/data/attachments/3419/3419327-eec69137fbd4aa6b6a9f11e6944a7d0b.jpg
    .....
    https://hotcopper.com.au/data/attachments/3419/3419330-e154f4f2342fa8320357bfabc74c5de5.jpg
    ....
    https://hotcopper.com.au/data/attachments/3419/3419334-2db3d0455fd1701d4a5b88ba701b70b0.jpg
    ....
    https://hotcopper.com.au/data/attachments/3419/3419335-59959ddf7fd8edba8aca5d0fbbfdeb16.jpg
    ....

    https://wcsecure.weblink.com.au/pdf/GXY/02392012.pdf


    https://hotcopper.com.au/data/attachments/3419/3419336-e478b05cb5ff9505022a30e45eabdc26.jpg

    ....

    https://hotcopper.com.au/data/attachments/3419/3419339-b2c20335dba55f1dcdd68dea106dba08.jpg
    ....

    https://hotcopper.com.au/data/attachments/3419/3419341-a125bebfbb7934d178b9052551479643.jpg
    ....
    https://hotcopper.com.au/data/attachments/3419/3419346-119ad1f865968ab9d66c8b600a973629.jpg



    Hope that helps


    DYOR
 
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