I think you are right. if your purchase cost is less than $0.17, then anything over your cost from the capital reduction has to be treated as capital gain.
But one thing bothering me is that you have to sell your shares to realise the final capital gain or loss.
What next, page-81
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16.0¢ |
Change
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Mkt cap ! $76.58M | |||
| Open | High | Low | Value | Volume |
| 16.0¢ | 16.5¢ | 15.0¢ | $61.54K | 399.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150360 | 15.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 99958 | 4 |
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