Stupid question for the day. If I:
a) Decide to 'do the right thing by the company' and participate fully in the offer
b) But I don't want to increase my exposure to this company, so I sell the equivalent number of shares (for a loss)
Would the ATO consider this a wash sale?
I assume they wouldn't, as I'm not selling for the purpose of obtaining a tax benefit.
If someone can point me to an example where this question may be answered on the web it would be appreciated. I understand that I may have to do (further) research/talk to my accountant.
Stupid question for the day. If I:a) Decide to 'do the right...
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Last
10.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.74M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 11.5¢ | 9.9¢ | $50.64K | 496.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 33446 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 11.5¢ | 63439 | 1 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| RFX (ASX) Chart |