Yes, good example. However, it gets a bit more complicated if you use accrual accounting as you book the loss this tax year and the profit the following year.
PEK Price at posting:
27.5¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)