4 the dummies

  1. nb1
    869 Posts.
    end of financial year
    lets say i am a huge supporter of awe and want to stay in
    BUT
    i bought at 2.80 a year ago or what ever - haven't checked the chart.
    but last day trading i sell at3.70
    capital gain90c on say 100000=$90000
    BUT
    i only pay tax on $45000
    I get back in on monday @ around 3.70
    having saved heaps on tax as i think this stock will do the same next yead
    ATO thanks for comming
 
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