Remember that John Howard changed the tax laws to make foreign companies immune from tax in Australia on capital gains.
The gigantic - and probably overdone - selloff in stocks such as NAB may have something to do with this.
A multinational insto may have much to gain by generating a big loss on stock held in an Australian domiciled entity - which could be offset against profits earned on other stocks - while generating a large tax-free profit on matching positions in an offshore account.
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Last
$36.23 |
Change
0.200(0.56%) |
Mkt cap ! $112.2B |
Open | High | Low | Value | Volume |
$36.26 | $36.44 | $36.07 | $152.6M | 4.216M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3369 | $36.22 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.23 | 9815 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 800 | 36.060 |
1 | 138 | 36.030 |
2 | 477 | 36.000 |
1 | 18 | 35.950 |
1 | 150 | 35.840 |
Price($) | Vol. | No. |
---|---|---|
36.280 | 69 | 1 |
36.300 | 129 | 1 |
36.360 | 200 | 1 |
36.400 | 200 | 1 |
36.430 | 400 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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