It's funny, I commented on this nearly 2 years ago here:
https://hotcopper.com.au/threads/hibernation.5565070/#post-46660412
The response was a bit of hand-waving. Indeed there may be some leeway given to retail traders, but generally it is inadvisable to claim losses when repurchasing the stock within a short turnaround time.
https://www.ato.gov.au/Media-centre/Media-releases/Wash-sales--The-ATO-is-cleaning-up-dirty-laundry/
Though in light of the recent market downturn, it appears the ATO have this in their sights again.
It's funny, I commented on this nearly 2 years ago...
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Last
48.5¢ |
Change
-0.005(1.02%) |
Mkt cap ! $43.76M | |||
| Open | High | Low | Value | Volume |
| 48.5¢ | 48.5¢ | 46.5¢ | $18.86K | 39.18K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2550 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.5¢ | 50324 | 2 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
47.0¢ |
Change
-0.005 ( 3.09 %) |
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| Open | High | Low | Volume | ||
| 47.5¢ | 48.0¢ | 46.5¢ | 4628 | ||
| Last updated 15.54pm 07/06/2024 ? | |||||
| SRL (ASX) Chart |