We also need AUD/USD exchange rate on that day to determine the price of BOTA in A$. It is time consuming.
I still can not get the Rationale for ATO not allowing the CGT roll over rule to be applied for the sutiation when a capital loss happens.
If I do not have any capital gain to off set the capital loss during the FY, what is the point of claiming the capital loss for that FY? We should also have the option to apply the CGT roll over rules to the capital loss situation, so that we can avoid the complexity of determining the price of the share in the new company.
Correct me if I am wrong.
BTA Price at posting:
0.0¢ Sentiment: None Disclosure: Held