RMX 0.00% 0.1¢ red mountain mining limited

rmxo, page-14

  1. 34,916 Posts.
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    Yes that is correct ddd84. Sorry I realise my previous explanation is not clear enough. If you sell the options then you can only do so within the next few months so cannot apply a discount for CGT for holding for a year.

    But if you exercise them then the cost base applies when you sell the shares, which as ddd84 rightly points out means you have to hold the shares for another year to gain the CGT discount.

    Either way, for RMXO, you have to fork out more money, either in June if you exercise, or in your next tax return, if selling. If you're looking longer-term then with RMXOA you have the luxury of keeping them for longer than a year and gaining the CGT discount.
 
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