From my understanding of taxation: if you are a share trader as opposed to an investor you do not need to sell the shares to claim a loss. This is dependant of the frequency of your trades and the type of stocks you buy. HAW is a small cap spec and those who are in are most likely frequent traders. Therefore, they can claim a loss on the value of their shares at year end.
But then there may be some who are selling as they are 'investors', or simply do not understand accounting/taxation.
Or the more plausible reason - manipulation!
end of year sale?, page-6
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Last
6.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $21.10M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 106320 | 6.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.2¢ | 47380 | 2 |
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| Last trade - 16.31pm 09/08/2024 (20 minute delay) ? |
| HAW (ASX) Chart |
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