CXO 9.09% 12.0¢ core lithium ltd

Banter and general comments, page-22219

  1. 64 Posts.
    lightbulb Created with Sketch. 28
    Great thought experiment, thanks for sharing. At this point you would likely be assessed as a share 'trader' vs share 'investor' at which point different taxable situations open up:
    https://www.ato.gov.au/individuals/capital-gains-tax/shares-and-similar-investments/share-investing-versus-share-trading/

    You could roll the profits into the next purchase without triggering a CGT event immediately and deal with tax only at the time of a final sale. If only it were that easy...

    I might follow your lead and try with some small parcels while waiting for news to drop.

 
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