You don't pay tax on unrealised stock price gains. That's why there is tax loss selling - i.e. you need to sell the shares to realise the tax loss to offset something else.
Wincent probably needed to free up some cash to pay something, while also crystallising a tax loss to offset something else - double win. This works because AVL is probably the biggest dog stock he owns, which is the saddest part of this - even our MD can benefit from the sh## share price of this company.
You don't pay tax on unrealised stock price gains. That's why...
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Last
1.6¢ |
Change
-0.001(5.88%) |
Mkt cap ! $142.1M | |||
| Open | High | Low | Value | Volume |
| 1.7¢ | 1.7¢ | 1.6¢ | $52.21K | 3.207M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 70 | 15970682 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 7752148 | 26 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| AVL (ASX) Chart |