igorot72!!!!!???? noooooooo.....As scrat212 said, if your GXY...

igorot72!!!!!???? noooooooo.....

As scrat212 said, if your GXY avg price was $3, your new "ORE avg price" for those shares is now:
$3 / 0.569 = $5.272
If you have 10000 shares, you spent $30000 total. $3 each.
You would now have 10000 x 0.569 = 5690 ORE shares.
The ORE shares effectively "cost" you $30000.
$30000 / 5690 = $5.272 each
$3 avg per share / 0.569 = $5.272, same same.


Also, if you bought in multiple parcels at different times, then for tax purposes you'll need to work out the cost base of whatever parcels you sell in the future.

e.g.

Say you bought 1000 GXY at $2
And another 1000 GXY at $1

Your avg price is ($2000+$1000) / 2000 units
= 3000 / 2000 = $1.50

You now have 2000 x 0.569 = 1138 ORE shares
The avg price = $3000 / 1138 units = $2.636
or, $1.50 / 0.569 = $2.636

If you sell half of your ORE shares (569 units), AND you identify/select that half as "being" the 1000 GXY shares that you bought for $2 each, then your cost base for that sale is $2 for the 1000 GXY shares,
or $2000 total,
or $2 / 0.569 = $3.515 per ORE share
You would then calculate your profit on that sale against that cost base.

If you then, later, sold your remaining half (the other 569 units), and these were identified as being the 1000 GXY shares that you bought for $1 each, then your cost base for that sale is $1 x 1000 units,
or $1000 total,
or $1 / 0.569 = $1.757 per ORE share.
You would then calculate your profit on that sale against that cost base.

AFAIK, this type of calculation is required if you sell, for example, those parcels in different financial years.
If you bought/sell in other fractions that span multiple parcels (i.e. in the above example, if you sold 1000 ORE shares this FY and then the remaining 138 ORE shares next FY), you need to do some more complex calcs, but the concept is identical.

(This doesn't include brokerage considerations btw, nor other factors that may affect the cost base in some instances)

This is NOT tax advice!
Just afaik and FYI!

Cheers and happy to be corrected.

DYOR