CXO 10.9% 12.8¢ core lithium ltd

Previous poster spoke of selling & buying back to claim tax;...

  1. 366 Posts.
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    Previous poster spoke of selling & buying back to claim tax; that was what I was replying to wrt washing.

    As you say, if you sold shares you've held for a while tomorrow , there's no problem. If you sell a number of CXO shares this morning and then bought back same number this arvo, you might have some explaining to do? I'm no expert, but I wouldn't want to have to explain to ATO.

    Been a few comments here today from people alluding to selling at a loss today, but buying straight back in. That is illegal, and the gist of my reply to old mate.

    All the best.
 
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