Again no advice but you may wish to consider doing an in specie...

Again no advice but you may wish to consider doing an in specie transfer of VXL from your SMSF (if this is where it is) to yourself so that you can claim the capital loss against your personal tax when the SP is revised from 11.5 to whatever we end up with. That way you may ve able to claim the loss as an offset against your tax (in an SMSF it will have no affect. You would need to make sure that you could claim 11.5 as the "current market value" and that the SMSF trust deed allows you to do an en specie transfer. Talk to an accountant - THIS IS NOT ADVICE just a prompt.