LLL 0.00% 50.5¢ leo lithium limited

Just for exercise, hope it helps, Per ATO Ruling, here's cost...

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    Just for exercise, hope it helps,

    Per ATO Ruling, here's cost base exercise for fun,

    On record date, FFX share price was $1.115, shared cost base for LLL shares is 92c/share.
    If you bought at 95c, then shared cost base for LLL shares is 79c; then if you haven't sold any FFX shares, to break even, LLL share price needs to be $1.05.

    22.png


    Every shareholder bought at different price prior the demerger, so cost bases varied,

    Here's rough calculation,

         
    1   New cost base   New cost base
    2 FFX purchase price FFX LLL
    3 50c $0.20 $0.41
    4 60c $0.25 $0.50
    5 70c $0.29 $0.58
    6 80c $0.33 $0.66
    7 90c $0.37 $0.74
    8 95c $0.39 $0.79
    9 $1.00 $0.41 $0.83
    10 $1.115 $0.46 $0.92
 
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