I'm not sure if anyone has suggested this yet, but if you had a superfund you may be able to contribute your LLL shares (via in specie non concessional contribution) to that super fund and therefore book the capital loss in your personal tax.
As a bonus, your superfund will only pay 15% on the dividend, or even better nothing if your super is in pension mode.
DYOR, not advice.
I'm not sure if anyone has suggested this yet, but if you had a...
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