Treat the dividend as a normal dividend (fully franked) and so is assessable in the 11/12 year.
The $2.68 is a capital reduction which is subtracted from your purchase price. So if you bought the GCL shares for $7.00, then your cost base will reduce by $2.68, i.e. your new 'cost' for the relevant shares for tax purposes (when you come to sell them in the future) is $7 minus $2.68, i.e. $4.32.
YAL is the new share you own. YALN is the 'CVR' as they called it-the guarantee of up to $3 if YAL is below $6.96 in 18 months time. I'm not sure whether the cost base of the GCL is split between YAL and YALN or whether it goes totally into YAL.
Treat the dividend as a normal dividend (fully franked) and so...
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Last
$6.61 |
Change
-0.040(0.60%) |
Mkt cap ! $8.728B | |||
| Open | High | Low | Value | Volume |
| $6.66 | $6.73 | $6.58 | $10.90M | 1.639M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6262 | $6.60 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.62 | 387 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| YAL (ASX) Chart |