GDN golden state resources limited

stop losses and a bit of panic, page-25

  1. 2,050 Posts.
    Aussie, I believe the ATO will pro rata the profit. For instance, buy 100k on 2.1.07 and 50k on 1.3.07. Sell 75k on 30.1.08. ATO will deem that 2/3rds of the 75k is subject to the 12 month rule because 2/3rds of your total holding (150k) was 12 months old. You can't deem that the 75k was from the first purchase.

    cosmos
 
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