And yes, that of course would become the cost base of the new Dart Shares. (providing though that, that will be the final figure that we have been directed to apply by the Company and the ATO for future use).
The advantage though, would be that that the cost base would still entitle you (if you are an ordinary share Capital Investor, not a trader or a Company), to continue to accumulate the time necessary for you to be able to claim the Capital Gains Tax relief Provision, at the time of sale. And that is that provided you have held the shares for more than twelve months, only 50% of your gains would be liable for Tax at the "APPLICABLE RATE".
Hope this will help, but don't take it as a Tax advice, and please, DYOR.
Buddy
AOE Price at posting:
$4.66 Sentiment: None Disclosure: Held
