Re the tax man and his interest in shares being sold and bought back.
I thought that the ATO looked more at contrived sales being made to enable a loss to offset to other gains (and then these loss making shares are re-purchased). This scenario rather than the other way around of shares being sold for a profit (and tax paid on them) and then being repurchased at a lesser price.
MM
CHN chart, page-67
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Last
$1.51 |
Change
-0.090(5.63%) |
Mkt cap ! $587.4M | |||
| Open | High | Low | Value | Volume |
| $1.59 | $1.61 | $1.49 | $4.989M | 3.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47417 | $1.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 3497 | 1 |
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| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| CHN (ASX) Chart |