pete11you must have had an egg head in h&r block.Your cap gains...

pete11
you must have had an egg head in h&r block.
Your cap gains tax is zero by what you have written.
add your losses & gains up for the fin year.
Losses carry on til your profits wipe them out in following tax years & with cap gain [profit] you pay that red head woman [gillard].
Tax rate 30% for gains made in less than 12 months & half rate-15% for those held for longer than 1 year at sale time.
I hope most of us have a few losses to write NTU off against, as most of us will have done it in less than a year.
If some of us have it in super funds that we run ourselves & we want to sell, before that time we can move that share into an allocated pension fund & pay zero tax.
If confused, get a good accountant that knows super & shares.
I myself think $1.50 is a good price to sell maybe half the NTU stock.
That may change if they continue their stellar run.