BHP 1.74% $44.58 bhp group limited

Ann: Unification scheme of arrangement becomes effective, page-17

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  1. 3,648 Posts.
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    As an example:

    BHP shares will go down. So a capital loss.
    capital will be moved to gain WPL shares. An income will be made from that capital loss

    if you sell WPL your cost base will be zero at the issue price.

    not a bad way to do due to the franking credits.
 
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