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
Add RFX (ASX) to my watchlist
|
|||||
Last
12.0¢ |
Change
0.015(14.3%) |
Mkt cap ! $31.71M |
Open | High | Low | Value | Volume |
10.5¢ | 12.0¢ | 10.5¢ | $1.133K | 9.692K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 195500 | 10.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 145942 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 195500 | 0.105 |
13 | 326424 | 0.100 |
3 | 70000 | 0.099 |
2 | 150000 | 0.095 |
1 | 10000 | 0.091 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 145942 | 3 |
0.125 | 355276 | 3 |
0.130 | 422772 | 7 |
0.135 | 81982 | 2 |
0.140 | 3657 | 1 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
Featured News
RFX (ASX) Chart |