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What is the new base cost of Sipho holding

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Question - On 31 July 2018, Sipho bought 1 000 ordinary shares in ABC Ltd at a cost of R2 750. On 31 December 2018 the company made a 1 for 10 bonus issue. On 31 March 2019, Sipho sold 300 shares for R800. What is the new base cost of Sipho's holding?

Reference no: EM133074014

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