I am not an accountant, but do note that what you describe would be considered by the ATO as a "wash sale", and there are rules to prevent people claiming capital losses against it.
With the rise in day trading activity due to Covid, I would not be surprised if the ATO are going to be heavily targeting traders for audit. Be careful!
All IMO, DYOR.
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Last
43.0¢ |
Change
-0.045(9.47%) |
Mkt cap ! $38.79M | |||
| Open | High | Low | Value | Volume |
| 47.5¢ | 47.5¢ | 40.5¢ | $25.23K | 57.13K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4615 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 500 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| SRL (ASX) Chart |