don't know why, page-5

  1. 1,739 Posts.
    watso wrote:

    >he also had sold a property, on which he was sitting
    >on some capital gains, so any losses, could be written
    >off against the profit

    This is not true, unless you are classed as a 'Trader' by the ATO. You can only offset losses on equities, against future gains on equities.

    http://www.ato.gov.au/content/Businesses/21749.htm


    Other than that ... LUM is GREAT! :)

    This retracement in price was due, and will create a support level for the next price increase.
 
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