Just trying find out if my interpretation of the demerger is correct!
I’m just an individual shareholder who held TAH for a number of years and am not a trader; my last purchase of TAH was over 2 years ago.
My holding is 3000 shares and the holding cost me close to $9,500. $3.16 each
Therefore I believe the reduced cost base for my TAH and TLC is as following:
The 3000 TAH reduced cost base is determined as: $9500 x 0.1776 = $1687.20. each share reduced cost base is now 56 cents. each 3000. TLC reduced cost base is: $9500 x 0.8224 = $7812.80. $2.60 each.
My interpretation is since my average cost for TAH is less than the $3.42, it not considered as creating another type off CG event.
Is the date off my acquisition for the TLC shares for CG purpose, deemed as being purchased, in my case as 2 years ago when I purchased my last TAH shares?
TAH Price at posting:
$1.05 Sentiment: Hold Disclosure: Held
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