Pretty sure ATO will make a determination of what percentage...

Pretty sure ATO will make a determination of what percentage applies to each company after demerger. Not necessarily 50/50 but whatever they advise will be made known by company. Think timing of that advice may have been a question at AGM and while FFX did not have an answer, response was will be advised soon - think I read that in summary provided by an attendee at AGM. As a for instance if determined that 40% of value assigned to FFX and 60% assigned to LLL and your purchase price is $1 then cost base for each for CGT purposes would be 0.40 and 0.60 - anyone with more knowledge of demergers please correct me if that is wrong