at 0.1c, it's one step away from being zero. The government must love these sort of stocks, as for myself in particular i bought at around 5c quite some time ago, thinking it's well over 2 years. I can't claim a tax loss because a my shares are down, there's no capital gain to claim against. I have no money to average down, and what really sucks is that it's my wages, with taxes paid that funded buying my parcel of shares here, original investment about $960.
So the government gets tax off profits for people who make money on shares, but when you lose, you get nothing as you can't claim it against your income. Absolutely blows, I guess the only positive is that it's taken much longer to lose this than playing a poker machine. I wonder if i should sell for almost zero if for no other reason to have a tax loss...can they be carried into the future? Not that there's any likelihood of having any of my shares rise in future.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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0 | 0 | 0.000 |
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Price($) | Vol. | No. |
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