From my limited knowledge and our Accountant’s guidance share sales works on FIFO (First in First out) if you consider it as an investment. Ie, when you sell your shares you have to match it against your remaining first purchase cost. This also works well with your CGT if you have held your shares for more than 12 months (not in Super), unless you could prove that it was TRADING (meaning you sold it within a short period, in which case you can use LIFO) and not investment. As others have alluded to better get your Accountants guidance. Good luck
LKE 75c options distribution, page-79
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