CXN connxion limited
Add to My Watchlist 0.00% ! 0.9¢

mmmmm now this is a bargain, page-11

  1. Hotfire
    19,937 Posts.
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    28/10/10
    16:53
    Post #: 7400294

    Washing shares is selling them so as to cystalise a loss, then buying them back.

    Illegal from a tax office point of view, but useful if have profits a plenty on other stocks and you want to bring your tax payment down. Or at least defer into the next financial year.
    CXN Price at posting: 2.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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