The way it works I think is that their cost base should be zero going forward and they make a capital gain equal to the difference between the 10c and their acquisition cost per share.
I hear what you are saying, but I am just surprised that the weight of selling from 10 baggers and o/s holders is greater than the weight of buying from funds wanting the franking credit and those wanting a piece of the company.
The way it works I think is that their cost base should be zero...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
