SEN 0.00% 2.5¢ senetas corporation limited

Can anybody suggest a decent tax strategy for me?Basically, this...

  1. 48 Posts.
    Can anybody suggest a decent tax strategy for me?

    Basically, this is my situation...

    I have made a significant overall trading profit since last financial year.

    I have unrealised losses on SEN.

    I would like to "lock-in" some of those losses to reduce my taxable income.

    I would like to hang-on to SEN.

    Would you suggest waiting until June 30 to sell and re-buy (assuming still losing)? Or doing so now? Or selling now, waiting for SEN to go down to 25.5 again, then re-buy? Any ideas?
 
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