Well, they done FIFO. What is going to be interesting here, is if this goes one-tenth of a cent seller & no buyer this week, Then people may miss out on a sale & a tax loss this year. Then were it to go into receivership, the tax loss cannot be claimed until the finalization of the receivership which can take years to wind up .
A secures creditor can appoint a receiver if the company is deemed to be trading insolvent. This is all well out of my sphere of competency, so DYOR.
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classic minerals ltd
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Well, they done FIFO. What is going to be interesting here, is...
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