VRL verity resources limited

Takeover CGT Implications

  1. 20 Posts.
    lightbulb Created with Sketch. 1
    Hi all,

    Sorry for the basic question here. If either of the proposed offers (neither of which I am in favour of BTW) go ahead and we receive new shares in the new holding company, does this create a CGT event?

    I bought my shares at the March low points (don't hate me) and would like to hold for at least 12 months to reduce CGT (not to mention I believe in the company and want to hold long-term). But may face heavy CGT if im forced to sell out.

    Any clarification would be greatly appreciated.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
2.5¢
Change
-0.001(3.85%)
Mkt cap ! $6.985M
Open High Low Value Volume
2.6¢ 2.7¢ 2.5¢ $80.54K 3.098M

Buyers (Bids)

No. Vol. Price($)
3 412984 2.5¢
 

Sellers (Offers)

Price($) Vol. No.
2.7¢ 134000 2
View Market Depth
Last trade - 16.10pm 13/06/2025 (20 minute delay) ?
VRL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.