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Ann: Breach of Listing Rule 10.11, page-26

  1. chuk
    13,745 Posts.
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    11/06/24
    22:18
    Post #: 74268062
    "ATO will disallow the loss if the sole intention of the sale was to minimise tax"

    I know but if you sell with the intention of buying back at a lower price, then I believe that it will be allowable as you intend to profit from the trade. However, readers shouldn't take my word for that. Talk to your accountants for that sort of advice.
    MNB Price at posting: 5.4¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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