RE:ACB calculationsDon't get me Wrong !!!__I LOVE the Share Price APPRECIATION the Past WEEK !!!!
BUT__With a Current ACB for my TRP @ 10.53__NOW Being REDUCED by the
SOBO Spin OFF__Looks like I Will NEVER Afford to SELL my TRP as the TAX HIT
Will BE HUGE eh !!!
The Other ISSUE I Have Noticed is the ITrade is ONLY Giving 50% Margin BUYING
POWER to My SOBO shares__NOT the USUAL 70%
Oh Well__THINK I CAN Live With THIS !!!!
TeamCommonSense wrote: According to TRP press release ... during Q4 we will be advised on both corporate websites of the proportion of "original" TRP ACB to be allocated to SOBO spinoff shares
A zero sum exercise .... reducing TRP and establishing base ACB for your holding of SOBO
Each investors TRP ACB will be unique ... so will SOBO ACB ... BUT ... the % division will be applicable to all investors
Cheers CanSiamCyp