I am not an accountant, but do note that what you describe would be considered by the ATO as a "wash sale", and there are rules to prevent people claiming capital losses against it.
With the rise in day trading activity due to Covid, I would not be surprised if the ATO are going to be heavily targeting traders for audit. Be careful!
All IMO, DYOR.
Hibernation, page-6
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Last
39.0¢ |
Change
-0.005(1.27%) |
Mkt cap ! $35.18M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 39.0¢ | $21.23K | 53.24K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1035 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 235 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| SRL (ASX) Chart |