If he wanted to keep the shares and just realise a loss for tax purposes he could just buy/sell off market to himself. eg. out of current entity into super or a trust or another one of his companies or even to his philanthropy company. I sometimes do this myself around this time of year. Selling at a loss is smart when the cash can be better invested elsewhere.
Ann: Ceasing to be a substantial holder, page-9
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Last
10.0¢ |
Change
-0.005(4.76%) |
Mkt cap ! $26.42M | |||
| Open | High | Low | Value | Volume |
| 10.5¢ | 10.5¢ | 10.0¢ | $337 | 3.249K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33121 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 19512 | 3 |
View Market Depth
| Last trade - 15.59pm 19/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |