It's all about intent. Eg if you sell to crystallise the capital loss and rebuy immediately it's a wash sale.
if you sell because it's a good time to sell and you rebuy cause it's cheaper etc and you can prove you weren't doing it solely for crystallising the loss you're all good.
tbh I think it would be hard for the ato to prove but certainly am not reccomending!
Iron ore price, page-47571
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Last
$22.62 |
Change
0.700(3.19%) |
Mkt cap ! $69.64B | |||
| Open | High | Low | Value | Volume |
| $22.38 | $22.75 | $22.26 | $131.3M | 5.814M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 120 | $22.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.63 | 6416 | 3 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |