Thanks for that link canonman.
https://www.ato.gov.au/General/Capital-gains-tax/Shares,-units-and-similar-investments/Identifying-when-shares-or-units-are-acquired/
The link says: Ifyou have the relevant records from your CHESS holding statement oryour issuer sponsored statement you'll be able to nominate whichshares you have sold. Alternatively, you can use a 'first in, firstout' basis where you treat the first shares or units you bought asbeing the first you disposed of.
Thismeans that you have three choices how you want to sell part of aportfolio of identical shares:
1- You are free to select which shares you wish to sell, according toyour choice of date and price.
2- You can First In and First Out.
3- You can average cost if the shares were bought as part of the samepackage on the same day.
Your choice of Poison!
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Thanks for that link canonman....
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