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how to calculate share cost

Discussion in 'Shares' started by transit, 5th Jul, 2008.

  1. transit

    transit Well-Known Member

    Joined:
    1st Jan, 2006
    Posts:
    58
    I used to have ZFX shares but now i can see 2,395 Oxiana shares showing up in Commsec but there is zero showing in purchase price.

    How do i calculate the buy price so that i can see an accurate reflection of loss/gain?

    Hope that makes sense.

    Let's say i had 750 ZFX shares and i paid an average of $7 a share.
    I now have 2,395 Oxiana shares.
    That means i paid a total of $5,250 for my 750 ZFX shares (750*7).
    So do i then divide 5250 (total cost) by 2,395 (Oxiana shares)?

    This gives me $2.19 (5250/2395 = 2.19) .... is this the amount i paid for my Oxiana shares in order to work out CGT?

    thanks