The cost bases of the Woolworths Shares just before the Demerger should be apportioned based on the VWAP of Woolworths Shares and Endeavour Shares as traded on the ASX for the first five trading days starting from the date of commencement of trading (on a deferred settlement basis) of Endeavour Shares on the ASX.Woolworths will provide information to assist Woolworths Shareholders to determine the respective cost bases of their Woolworths Shares and corresponding Endeavour Shares on the Woolworths website (www.woolworthsgroup.com.au) following the Demerger.
Hi Aflatoon,
Above is the explanation from the demerger booklet.
Short answer, I think , we dont know yet, find out after 5 days trading.
cheers
The cost bases of the Woolworths Shares just before the Demerger...
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