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
82.5¢ |
Change
0.030(3.77%) |
Mkt cap ! $148.5M | |||
| Open | High | Low | Value | Volume |
| 81.5¢ | 83.0¢ | 80.0¢ | $100.2K | 123.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8403 | 82.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 83.5¢ | 6987 | 5 |
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| Last trade - 14.13pm 11/07/2024 (20 minute delay) ? |
| ASM (ASX) Chart |