DML discovery metals limited

Yuyu, all the above is correct if you are not a share trader. If...

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    Yuyu, all the above is correct if you are not a share trader.

    If you are classified as a share trader, CGT is not applicable to you. Also you have the option of valuing stock you hold at cost, market value etc.

    The market value is nil so you can apply a nil value to shares in DML.

    Refer the following for a brief outline of share share trader:
    https://www.ato.gov.au/Business/Inv...ding/Carrying-on-a-business-of-share-trading/
 
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