"Realizing a loss can reduce total tax paid for that financial year." - Why not pay more tax, make more money and grow your wealth.
"You can get back into the same stock for a similar price in the new financial year" - no you can't this is called a "Wash Sale" and the ATO are on to this little bit of avoidance. I admit there are ways around this.
"you could move your cash to something else you better prefer." - cant disagree with this one.
Ann: Imugene doses first combination patient in PD1-Vaxx trial, page-29
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