Australia's largest stock trading and investment forum Australia's #1 stock forum

SP1

Click for more information

0.00%

$1.07 southern cross payments ltd

There was some discussion of the tax issues in the prospectus,...

First 15 Last

Share
Profile

Follow
ZMan

3,602 Posts.

768

18/04/22

10:15

Post #: 60892637
Share

Originally posted by Gothman: ↑

I'm wondering if/when we list overseas how will CGT work on any sale of shares on the overseas market. Every holder has now held their ISX shares over 12 months so are entitled to the 50% discount on the ISX shares on the ASX but with the demerger and listing OS does the 50% discount apply immediately as the new asset ISXFEU was demerged from the original purchase of ISX or is it deemed a new asset? Will the cost base be 10x the ISX purchase price on the ASX or calculated another way?

Expand

There was some discussion of the tax issues in the prospectus, but still need to wait for an ATO ruling to reliably know the situation:

ISX Price at posting: $1.07 Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

NXM

Drilling at Bethanga shows signs of Cu-Au porphyry system for Nexus

ASX200 dives as inflation clocks in at 4% – higher than 3.8% consensus

SS1

Sun Silver gets that drill to thrill feeling from high grade hits at Maverick Spring

NIM

Nimy extends sulphide targets at Mons with new anomalies identified

SFX

Sheffield Resources achieves milestone production, shipments at Thunderbird, WA

There are more pages in this discussion • 2 more messages in this thread...

First 15 Last

Add SP1 (ASX) to my watchlist