ASM 3.14% 82.0¢ australian strategic materials limited

Why do you value it at 85 a share? What point in time are you...

  1. 2,334 Posts.
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    Why do you value it at 85 a share? What point in time are you thinking this value. I agree it has a long way to go as the shares are so tightly held and you will now start to see asian investors come in and own pieces of it.

    Nah. 85 "bagger" = 85x not 85c a share. I may not have been clear or using sharetraders thread slang
    At the corrected 16.03% the learned have told me my cost base is awful!!! A couple of cents, making it about a 340 bagger !!!!!
    Oh well, what a problem to have that is ha ha

    I was lazy, I should have googled in the first base, I found the tax ruling and point 15 that makes M56 example above correct info :

    15. TheCommissioner accepts that a reasonable apportionment is to attribute:

    ·

    83.97% of the total of the costbases of your Alkane shares just before the demerger to the Alkane shares, and

    ·

    16.03% of the total of the costbases of your Alkane shares just before the demerger to the corresponding ASMshares.


 
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