Hope someone might be able to help.
A paper offer implies to me (and I know nothing) that you would exchange SMM shares for PDN shares without any cash changing hands, if you take up the offer (which I won`t at $5) would any tax be payble, I would think not.
How does this affect capital gains though.
If I would have held SMM for a full year at the end of the tax year and they are exchanged for PDN in say in April, would I still get my discount If I sold PDN shares from previously holding SMM shares since a year earlier.
Hope this makes some sense.
Would appreciate some help.
Thanks
Kevdd1
Hope someone might be able to help.A paper offer implies to me...
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Last
1.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.12M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.9¢ | 1.7¢ | $155.2K | 8.805M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2337315 | 1.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.9¢ | 371928 | 2 |
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| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SMM (ASX) Chart |