RE:RE:Doesn't make senseYes, everyone's CVE ACB for commons and warrants will be different because everyone bought their HSE shares at different prices. You have an error though in your calculation I think.
The 3.24% applies to HSE ACB.... This is not CVE ACB per share, to get CVE ACB per share you need to further devide by number of CVE shares.... # of CVE warrants you need to apply 0.0651 to number of HSE shares.
All just my opinion/view/thinking/guessing
Quintessential1 wrote: Okay here is how I think it works with the percentages assigned
Every CVE share you received was assigned an ACB of
96.58% of your original Husky ACB
Every Warrant you received was assigned an ACB of 3.24% of your original Husky ACB The capital gain on your shares does not matter as it transfers with your shares. and is deferred until you sell them.
The warrants will be subject to capital gains if you sell them.
If you exercise the warrants the cost of the new CVE shares obtained will be the 3.24% ACB assigned + the $6.54 strike price + any fee for the exercise transaction.
You would then have one new ACB for your shares just like if you bought new ones on the open market at a different price and all of your CVE shares would be tax deferred until you sell.
As everybody's original Husky ACB was different, so is their CVE ACB and Warrant's ACB
Husky4000 wrote:
But then again, what if I bought I bought one million Husky at the absolute bottom of 2$ (and change)????? I'm going to pretend my 784 500 CVE shares are cost based at 7.75????