ASM 6.36% 58.5¢ australian strategic materials limited

ASM Chart Thread, page-11132

  1. 398 Posts.
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    Today was the day that all shares are officially in the red. At 93c even the cap raise, only days out, at $1.16 are down about 20%. Ian's $1.4m is down a cool $280,000.

    In Aug 2020, the ATO Class Ruling post demerger:

    'The first element of the cost base and reduced cost of your Alkane shares would therefore be allocated83.97% to your Alkane Resources shares and 16.03% to your ASM shares after the Demerger.'

    At a 1:5 split per share post demerger that ought to be something like:

    ALK: $1.19413
    ASM: $1.13962

    If you were a foreign investor you faired a bit better, receiving ASM: $1.25.

 
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