Hey, the way i read the tax document would suggest to me the 16% value of ASM shares is based on your purchase price of your ALK investment, not the average ALK share price you paid.
It took 5 ALK shares to receive 1 ASM share, then on your 20c scenario, your ASM cost base for tax purposes would be 16c (3.2c x 5).
Stand corrected if Ive read this the wrong way.
Hey, the way i read the tax document would suggest to me the 16%...
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Last
52.5¢ |
Change
-0.025(4.55%) |
Mkt cap ! $95.09M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 56.0¢ | 52.5¢ | $141.8K | 260.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10964 | 52.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 54.5¢ | 675 | 1 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| ASM (ASX) Chart |