they are not is my understanding, if you reinvest the money revived from the takeover you don’t pay cgt now, you pay it when you sell the stock you buy. But the cost base is the purchase price of the initial RAP shares and the date they were bought for CGT discount purposes. The ATO typically provides a memo in the treatment. That is my understanding, happy to be told otherwise
RAP Price at posting:
20.5¢ Sentiment: Buy Disclosure: Held