Yvonne made the following acquisitions of ordinary shares in Ranghi plc: Date 30 September 2006 1 December
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Yvonne made the following acquisitions of ordinary shares in Ranghi plc:
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Date 30 September 2006 1 December 2010 No of shares 2,000 3,000 Cost 1,200 3,600 In January 2017, the company made a 1 for 5 rights issue at 1 per share and Yvonne decided to buy the shares which she was offered. In March 2018, she sold one -half of her shares in the company for 1.80 per share. Calculate the chargeable gain arising in March 2018, given that no further shares were acquired within the following 30 days.
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