Good question.I presume if you convert, your acquisition of the new shares is deemed to be the date conversion takes place.So the CGT clock starts ticking from then for your newly acquired shares and you would have to wait 12 months to get the 50% tax discount.Only guessing here and interested to know the complete answer myself.
Just hoping the good old USA v China doesn't send us all down the gurgler this week.
AVLO tax question, page-4
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