Rangers30, please indicated the error. For HSE shareholderscalculating ACB of CVE shares and warrants. Understanding how to calculate, helps to understand your GAIN or LOSS for 2021, and whether for the commons to declare a gain or loss for 2021... depending on your tax situation.
Example: You bought 10,000 HSE shares at $3.00/share sometime before 2021.
Calculation for common shares:
# CVE shares = 10,000*0.7845= 7845
Portion ACB HSE share = 96.58%(10000*3)= $28974
ACB of CVE per share = 28974/7845 = $3.6933
Your ACB went from $3 to $3.69 because you have less shares and portion.
Calculation for warrants:
This should mean $30,000-28974 = $1026 is HSE ACB portion of warrants or 30000*0.0342=$1026
# of warrants is 10000*.0651 = 651
CVE ACB of Warrants = 1026/651 = $1.576
Gain to report for 2021 = $3.30-1.576 = $1.42 per warrant.... and now your ACB for warrants is $3.30.
Rangers30, please correct errors.
All just my opinion/view/thinking/calculating/gussing