"imo only works if you have low tax rate 15% or less."Plus, if...

"imo only works if you have low tax rate 15% or less."


Plus, if your are a recent holder with not too low a cost base.

The ideal circumstances for taking up the buyback are :

1) Low MTR
2) High cost base
3) Availability of realised capital gains for a bit of tax harvesting, and the same time reset you Cost Base at a higher level for future disposal

But even under that scenario you will need some luck, considering that you a ceratin to receive 14% BHP's prevailing market price, and by the time the dust settles, BHP could get away from you permanently as far as market price goes (ie sharp increase)