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9.30%

4.7¢ althea group holdings limited

Ann: Ceasing to be a substantial holder, page-16

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MikesLM

1,564 Posts.

627

11/06/22

14:10

Post #: 61956994
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Originally posted by amb005: ↑

The tax loss selling allows the seller to deduct loss from other income , so a bigger loss lowers net income, inturn lowers tax needed to pay. The bigger the loss the actual more beneficial it is to lower taxes.

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Haha yes I am aware of the reason for tax loss selling and how it works.

My point was broadly why sell at these lows, with potential for news flow that could propel the share price. Obviously a risk this may not eventuate.

Last edited by MikesLM: 11/06/22
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(20min delay)
Last 4.7¢		Change 0.004(9.30%)		Mkt cap ! $19.45M

Open	High	Low	Value	Volume
4.5¢	4.8¢	4.3¢	$48.16K	1.046M

Buyers (Bids)

No.	Vol.	Price($)
3	249960	4.3¢

Sellers (Offers)

Price($)	Vol.	No.
4.7¢	17960	2

View Market Depth

No.	Vol.	Price($)
3	249960	0.043
1	13745	0.042
4	544822	0.041
4	155964	0.040
1	15000	0.039

Price($)	Vol.	No.
0.047	31035	1
0.048	98988	1
0.049	171739	2
0.050	58378	3
0.051	100000	1

Last trade - 15.11pm 01/11/2024 (20 minute delay)

AGH (ASX) Chart