Australia's largest stock trading and investment forum Australia's #1 stock forum

BIG

Click for more information

0.00%

$2.22 big un limited

Ann: Removal from Official List - Annual Listing Fees, page-17

First 17 Last

Share
Profile

Follow
Busy Bean

731 Posts.

318

29/08/18

15:50

Post #: 35269439
Share

Originally posted by bensh10 ↑

That only applies to investors (offsetting losses against capital gain). For those who qualify as traders, it is a different story, and they can also offset their losses versus other income (e.g. salary if they have another job, trading gains, etc). The question is when would a trader be allowed to consider/declare the stock he/she is holding worthless. As I mentioned in my previous post, I recall reading somewhere (on ATO website) that administrators declaring the shares worthless is not sufficient for that purpose. Investors should be fine. The question is about traders, and whether they need to use services like delisted to actually dispose the assets.

Expand

Sorry I have no idea on that one, I have never had to deal with traders tax returns.

BIG Price at posting: $2.22 Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

QGL

Quantum Graphite snags new exploration licence in SA ahead of maiden drilling

TNC

True North shares jump on positive activity report as Cloncurry aims for Q1 production deadline

LML

Lincoln Minerals to kick off fieldwork at Yallunda uranium project in the nuclear state, SA

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

WML

Woomera kicks off 2-pronged drilling at Mongolia's Bronze Fox Cu-Au play

There are more pages in this discussion • 77 more messages in this thread...

First 17 Last

Add BIG (ASX) to my watchlist

SPONSORED BY