On 13 May 2012, Ruben acquired 400 shares in Xaron Ltd at a cost of 1,800. On

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On 13 May 2012, Ruben acquired 400 shares in Xaron Ltd at a cost of £1,800. On 17 July 2017, the company made a 1 for 8 bonus issue and (on the same day) Ruben sold 50 shares in Xaron Ltd for £7 each. Compute the chargeable gain.

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