AOE 0.00% $4.68 arrow energy limited

Hi Mont my understanding now (after taking some advice)is that...

  1. 294 Posts.
    Hi Mont
    my understanding now (after taking some advice)
    is that the cost base of your dart shares will be a proportion
    of the cost of your arrow shares
    eg if the value of AOE and Dart (around now ) was $5 & $1
    then DTE is worth 1/6 or about 16% of the whole deal
    That proportion gets translated back to when you bought them
    to establish the cost base for both
    So if you paid $1 for the AOE a few years ago then the cost base for CGT would be AOE = 83c and DTE = 16c roughly
    Hence when you sell the DTE shares down the track you might have a pretty hefty bill (which was my concern)
    In other words the CGT relief just lets you defer paying it till you sell the Dart shares

    Any way thats my understanding and I could be completely wrong
    so dont take it as financial advice

    Im happy to stand corrected

    Any chance of another buyer appearing? lol

    Greggy

 
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