I recall reading one of the LNK announcements which said that the ATO will later advise the adjusted cost basis for both LNK and PXA distribution.
It should then be available via ATO releases and LNK announcement in due course. This process is similar to my WES holding when Coles was distributed to shareholders on split ratio of around 80/20. I suspect that the split ratio will be roughly 50/50 with LNK and PXA, that is you would reduce your cost base of LNK shares by 50% and that portion gets allocated as the new cost base for PXA holding
Reasonably, wait a few months and some ATO advice will come
I recall reading one of the LNK announcements which said that...
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Mkt cap ! $1.161B | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.26 | $2.24 | $33.37M | 14.83M |
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| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
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| Last updated 15.58pm 30/04/2024 ? | |||||
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