Have any ex-POS holders that went through the POS/HRZ merger process worked out what they are doing at tax time?
From what I've read on the ATO site, and the 'Merger Scheme Booklet', the rollover relief/script for script option is only available if the merger resulted in a capital gain. It can't be used for capital losses.
I don't mind recording the loss and carrying it forward, but I'm struggling to work out what I've sold (POS) and bought (HRZ) at. Hopefully I'm not missing something obvious
Example (ignoring CGT discount, brokerage etc):
POS Qty 50,000 purchased at 0.05, therefore total cost $2,500.
After conversion, HRZ Qty 5780.
What price did I pay per HRZ share, and on what date?
One possibility is 12/02/25 (record date for determining entitlements), and share price of HRZ closed at 0.061 so that might be the market price. Or maybe 19/02/25 (implementation date of scheme) with closing price of 0.069.
Anyone already worked any of this out?
Cheers Sil
HRZ Price at posting:
5.1¢ Sentiment: None Disclosure: Held
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