LPD 0.00% 0.2¢ lepidico ltd

Not only sold out also consider the tax implications. A wash...

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    Not only sold out also consider the tax implications.

    A wash sale involves the selling and re-purchasing of the same or a similar asset, within a short time frame. The sale and re-purchase essentially cancel each other out. You're left with similar assets, but an improvement in your tax position by way of a capital loss, or allowable deduction.
 
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