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11.5¢ elixir energy limited

Ann: Elixir adds new Taroom Acreage, page-92

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ReadOnly99

2,491 Posts.

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24/06/24

21:29

Post #: 74468300
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Originally posted by BasVermeulen: ↑

There is no need to get personal.

Again, it’s perfectly legal to sell to claim a tax loss and then buy the shares again - the caviat is the timeframe in which you do it. I’m not saying sell them on the 31st of June and buy again on the 1st of July because that would be washing. And even then…they would probably go only as far as disallowing the capital loss.

You can easily sell mid June and buy back mid July and not come under scrutiny. Best is to sell early June, before everyone else starts selling, and buy early July before everyone starts buying. That’s how most people do it and what Tax Accountants advise (off the record).

*not financial advice
**I’ve never sold shares to claim a tax loss - I’ve been holding all my shares for the last 5 years and just top my portfolio up

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I have some financial advice: Never ever buy or sell anything on the 31st of June. Don't even hold on that date.

EXR Price at posting: 9.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 11.5¢		Change 0.005(4.55%)		Mkt cap ! $130.4M

Open	High	Low	Value	Volume
11.5¢	11.5¢	11.5¢	$8.535K	74.21K

Buyers (Bids)

No.	Vol.	Price($)
12	698885	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	50627	1

View Market Depth

No.	Vol.	Price($)
12	698885	0.110
8	679756	0.105
15	1214298	0.100
2	105550	0.099
1	30000	0.098

Price($)	Vol.	No.
0.115	50793	1
0.120	151019	7
0.125	110909	2
0.130	305055	4
0.135	340000	5

Last trade - 11.43am 17/07/2024 (20 minute delay)

EXR (ASX) Chart