I just discovered that we have been issued SCP shares (as a result of holding WOW). Could you please advise me of the cost base?
A: The cost base for SCA Property Group (SCP) is $1.4397.
Of this component, you will treat 49.3% as a fully franked dividend ( or $0.7098), and 50.7% as a capital return ($0.73).
As it is a 1:5 issue, the capital return will reduce the cost base of your Woolworths shares by $0.14599 per share.