I know, we are all bitter about the loss but the way I look at it is that it was one book finished, albeit with a sad ending and I am picking up a new book, hopefully a bit more exciting than the last one.
You can always claim the tax loss, transfer it to your superfund, another of your accounts, your mother's account etc. or declare yourself a share trader so you clear your books every year at market value on 30 June and pay tax on your profits or carry forward a tax loss to next year. You do miss out on the CGT concession if you hold the shares for more than 1 year.
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