RE: I Did say21 Feb 2024 21:52
Dear oh dear mr Dung stalker, i have bought Glen over a far far longer period than your supposed trades. Right back to the 2015's, traded a few, held and built up a lot, and all the while received continous capital returns, which as well as purchasing lots very much lower than those prices you allege, all of which under taxation rules comes off the base purchase price resulting in a lowering each time a capital return is made.
Now, its not my fault a simpleton like you doesnt understand the taxation treatment of capital returns. Ive explained it to you plenty of times before, clearly you are too daft to understand.
So to make it easier for you, lets just suppose i bought a s8ngle share for £5 in 2017, for arguments sake. That share has received nice fat dividends twice a year for that period until the current date. Lets say 40p/year for 7 years. This would total up to a capital return of 7x40p= 280p.
What do you think the base cost price of that share is now for taxation purposes?
You'll probably say £5 because your dumb, but the answer is, and check with HMRC if you wish, £2.20.
It is very very easy to lower the base purchase cost of a share when recieving capital returns. In fact HMRC insist upon it!
Do you need any further lessons on this subject?
You did after all pay £3.78 for some BOO shares worth 36p, so demonstrating your lack of understanding.