Disclaimer this is not advice, seek the advice of a accountant yadayadayada
Are you a trader in the eyes of the ATO?
Do you have a private ruling?
If no then if you sell your shares in other companies and buy FAR at a loss then yes you can claim a capital loss.
BUT, capital losses are only offset by capital gains. You cannot claim the capital loss against your salary and wage or business income.
If you were a share trader then that is another story.
THanks
far, page-21
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Last
49.8¢ |
Change
0.008(1.53%) |
Mkt cap ! $45.97M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.0¢ | 49.5¢ | $30.11K | 60.84K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26546 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 16813 | 1 |
View Market Depth
| Last trade - 15.43pm 05/09/2024 (20 minute delay) ? |
| FAR (ASX) Chart |