VBA virgin blue holdings limited
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cost basis for tol in specie vba distribution

  1. Matteomc
    969 Posts.
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    27/10/08
    16:52
    Post #: 4434522
    I'm trying to get my head in the same space as the TOL holders who have sold over the past month or so at what are firesale prices. I'm thinking some of the logic revolves around selling stock I didn't really want - getting some cash in my jeans pocket - and booking a capital loss based on the cost base that TOL attributed to the VBA shares - I think it was about $0.77. So if I sold at $0.30 I'd get that in cash and book a $0.47 a share capital loss in this financial year. All the while not diluting my TOL holding...Does that sound feasible?
    VBA Price at posting: 25.3¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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