MAE 0.00% 0.0¢ marion energy limited

"There is the potential for a large amount of Tax loss selling...

  1. 424 Posts.
    "There is the potential for a large amount of Tax loss selling over the next few weeks".


    Doubt there'd be too much tax loss selling in this stock. S/h's have already had a few years to do that. Has been almost a downward spiral (with a few d/t blips along the way) since last financial year. Hardly worth the effort in dumping now. Good luck to anyone that needs the tax losses!

    "The end of June is also danger time for companies that might enter Voluntary Administration.

    Directors can claim they were unaware of the true financial situation of the company. After June 30 this becomes far more difficult".

    We've also had a few June year ends as well. Think they'd have buckleys and none of claiming they were unaware of the true financial situation of the company. Auditors do a pretty good job of highlighting that apart from everything else that is inthe public arena.

    Just my opinion.



 
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