correct. Selling them is not the issue - if you turn around and buy them back the same day or are just transferring them from one owner to another related party owner then you are probably in breach. I am not an advisor so checl it out yourself but there are very good, practical examples of what is and isn't acceptable on the ATO website.
This is a bit old but still covers the basic idea.
http://www.afrsmartinvestor.com.au/...lise_your_share_losses_rFQgB1HWafbDQrz50zxgQL
Chart, page-4
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Last
2.9¢ |
Change
0.003(11.5%) |
Mkt cap ! $72.20M | |||
| Open | High | Low | Value | Volume |
| 3.1¢ | 3.7¢ | 2.9¢ | $1.433M | 44.19M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 870964 | 2.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 511263 | 4 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| ADO (ASX) Chart |