RE: ACBOk this is what happens (I think)...
The original XRC ACB is allocated between the two shares based on share values on the date of the split
So, if your original ACB of XRC was say, $7
if for instance on the day of the split XRC closes at 5 and XG closes at 1.5 the total value after spin off is 6.5
ACB is allocated like this:
ACB XRC is: (5/6.5)*7 = 5.38
ACB XG is: (1.5/6.5)*7 = 1.61
Total ACB after split doesn't change: 5.38+1.61 = 6.99 (small rounding error)
That's my interpretation.
Cheers...
CCK