As per the latest announcement it seems like MOC will enter into an agreement where REA will purchase MOC for $1.95/share and not much for holders to do with transaction expected before 30 June. My question is does this work like a normal CGT event for holders as in you would treat it as bought the stock for $xx and sold for $1.95 (and 1.95-x is the CG), or is there some special treatment for this event? I'm assuming the latter is not the case but just thought I would check as have not done a tax return transaction like. Any advice appreciated and of course understand it's not financial/accounting advice etc....
Putting aside my question I think this is a great outcome for MOC holders, well above my target price and MOC have sold at the right time (it's hard to see better conditions for a mortgage broker and refinancing in general than what happened over the past year).