give me confidence, page-50

Whoops, Bars, you are onto it about the scrutiny this year. They will have all the brokers records fed into the ATO computers, with the TFN. The ATO has an awesome sleuthing setup should they choose to target something, linked to TFN declarations. So a few years back we would sell and buy back straightaway for our loss to claim against tax. Not now. Have to wait at least a month. That will be taking a lot of buyers out of the market in any stock which is well down ATM, which includes HEG.
(Trust the government to bayonet the wounded) So its either be a seller or a buyer but not both on the same TFN. Ive got enough losses to claim already, so am looking for some stocks sold down which should rise in a few weeks- think this could be one.