PAA 0.00% 17.5¢ pharmaust limited

convert oppies resets cgt discount clock so effectively taxed on...

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    convert oppies resets cgt discount clock so effectively taxed on entire gain of shares sold within 12 months of conversion.

    if you held oppies greater than 12 months then sold rather than converted oppies get cgt discount also. This applies to takeovers as they will also buy up the oppies then cancel.

    assumes you are not a trader, non resident or holding in a company.
 
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