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Ann: OEL: Winx-1 Drilling Update, page-227

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  1. 2,595 Posts.
    lightbulb Created with Sketch. 52
    Thanks for letting me know about it, although I wouldn't advise you to wear them again I would however inform you that if you cut the pants in pieces you can use them for cleaning around the kitchen.

    Or you can use them to clean your car windows or the house for that matter.


    The moral of all this is you can use a Tax cut from your loss.

    What ever you lost here will be used for future capital gains you get.


    So for example tomorrow you make some money in another ASX ticker, just say you lost in 88E 10k and in another company you made 20k this 10k you lost here will make your capital gain in the other company be from 20k to 10k so when you it comes to tax time you will save money.

    And it will be saved in your tax wrap so if you made no capital gains this year you can use it next year and so on.
 
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