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Yeah, I just re-read his post. Perhaps he means CGT when you...

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    Yeah, I just re-read his post. Perhaps he means CGT when you sold the shares (which would be initially trading at 15-19c he says).
    He says a cost basis of zero, but I would have thought the cost basis would be whatever you had paid for the original shares. So could be a loss or a gain depending. It's definitely messy.
 
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