Stupid question for the day. If I:
a) Decide to 'do the right thing by the company' and participate fully in the offer
b) But I don't want to increase my exposure to this company, so I sell the equivalent number of shares (for a loss)
Would the ATO consider this a wash sale?
I assume they wouldn't, as I'm not selling for the purpose of obtaining a tax benefit.
If someone can point me to an example where this question may be answered on the web it would be appreciated. I understand that I may have to do (further) research/talk to my accountant.
- Forums
- ASX - By Stock
- RFX
- Ann: Entitlement Offer - Extension of Closing Date
Ann: Entitlement Offer - Extension of Closing Date, page-62
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
Add RFX (ASX) to my watchlist
|
|||||
Last
11.0¢ |
Change
0.005(4.76%) |
Mkt cap ! $29.07M |
Open | High | Low | Value | Volume |
10.5¢ | 11.3¢ | 10.5¢ | $27.94K | 255.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 134108 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
11.5¢ | 102215 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 134108 | 0.105 |
3 | 1020010 | 0.100 |
2 | 55648 | 0.097 |
1 | 10416 | 0.096 |
5 | 203842 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.115 | 97215 | 2 |
0.120 | 628456 | 9 |
0.125 | 309776 | 2 |
0.130 | 35000 | 2 |
0.135 | 10102 | 1 |
Last trade - 15.43pm 02/08/2024 (20 minute delay) ? |
Featured News
RFX (ASX) Chart |