Right, i said trying to sell down each day and reducing their cost base of their buys.. can't claim tax losses for this...
Last day of June trading sell your holdings and you wait one month to buy again if you want to claim tax losses.. thats why traditionally July very weak month ....
Again, you don't have to worry about claiming tax losses if the fundamentals improved to positive...
When you look at very high volume of daily trades in last couple of month and big daily drops every other day..it feels like most holders sell down and buy again to reduce their cost bases...
CTT Price at posting:
25.0¢ Sentiment: Sell 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)