BIG
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0.00% $2.22 big un limited

BIGO

  1. anon78
    6 Posts.
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    03/11/17
    17:10
    Post #: 28485237
    Long term holder of BIG, first time poster.
    Have a question relating to BIGO and GCT. I understand i would need to get independent tax advice, but I thought others on here are in the same position and could offer their opinions. Bought some BIGO for around $1 in July 2017. If I pay 25 cents and convert BIGO to BIG in Nov 2017, for tax purposes does that mean I have bought BIG shares for $1.25 and I would need to sell after Nov 2018 to get the 50% concession on capital gains?
    Thanks
    BIG Price at posting: $3.42 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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