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
Long term holder of BIG, first time poster. Have a question...
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