This is not tax advice:
For Australian taxation purposes, shares can either be held as a capital asset, or as trading stock.If it is a capital asset, then you’ll only need to pay tax on the gain if you sell the asset.If you hold shares and they are considered to be trading stock (such as inventory), then the shares are valued on 30 June. If the value of the shares is more than what you have paid for them, then you have to pay tax on this increased amount regardless of whether you have sold the shares or not.
I suspect some of the investors that participated in the 6 cent raising hold shares as trading stock.
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This is not tax advice:For Australian taxation purposes, shares...
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6.2¢ |
Change
0.001(1.64%) |
Mkt cap ! $129.9M |
Open | High | Low | Value | Volume |
6.3¢ | 6.4¢ | 6.1¢ | $270.4K | 4.312M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 879999 | 6.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 1283387 | 5 |
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No. | Vol. | Price($) |
---|---|---|
6 | 879999 | 0.062 |
3 | 237080 | 0.061 |
3 | 145000 | 0.060 |
5 | 327119 | 0.059 |
3 | 338637 | 0.058 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 1158387 | 4 |
0.065 | 305517 | 3 |
0.066 | 1135569 | 2 |
0.067 | 106091 | 4 |
0.068 | 354785 | 3 |
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