If you sell them at the $2.20 then you pay your taxable rate on the $120K profit.
If you do nothing buy at $1, tax time you still hold, nothing. You still own them.
If you buy at $1 sell at 87c you've lost $13K this goes as a net capital loss against next years capital gains if make any.
Then there is also the length of time you've held the shares....if buy $1 and sell over 12 months later and profit you make is only taxable 50%. ie $120K profit $60 yours tax free and you pay tax on the other $60K
I don't make much profit lol but i think this right. My account does mine.
Is LTR 93% undervaluation possible recipe for a TO?, page-151
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Last
97.0¢ |
Change
-0.030(3.00%) |
Mkt cap ! $2.352B | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.03 | 96.5¢ | $13.68M | 13.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 76446 | 96.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 97.5¢ | 50000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| LTR (ASX) Chart |