There is no set amount of time in Australia for a wash sale, there is in the US. It's basically only a wash sale if you sell and buy the same stock for the sole purpose of recognising a capital loss. If you bought for like $1 then sold it for $0.50 then bought again at $0.30 you could always argue it wasn't a wash sale since you figured it was going down further and wanted to buy back in cheaper. There was literally a guy in another stock thread saying he was going to do exactly what a wash sale is to reduce his tax bill and that is what its targeting.
LRS General Discussion, page-7062
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $588.7M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.5¢ | 20.0¢ | $1.578M | 7.468M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 213756 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 337720 | 8 |
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| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
21.0¢ |
Change
0.010 ( 4.27 %) |
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| Open | High | Low | Volume | ||
| 20.5¢ | 21.5¢ | 20.5¢ | 2865549 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| LRS (ASX) Chart |