LRS 2.44% 20.0¢ latin resources limited

There is no set amount of time in Australia for a wash sale,...

  1. 6 Posts.
    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.
 
watchlist Created with Sketch. Add LRS (ASX) to my watchlist
(20min delay)
Last
20.0¢
Change
-0.005(2.44%)
Mkt cap ! $560.6M
Open High Low Value Volume
20.5¢ 21.5¢ 19.8¢ $874.6K 4.219M

Buyers (Bids)

No. Vol. Price($)
7 249609 20.0¢
 

Sellers (Offers)

Price($) Vol. No.
20.5¢ 20000 2
View Market Depth
Last trade - 16.10pm 25/04/2024 (20 minute delay) ?
Last
20.0¢
  Change
-0.005 ( 2.15 %)
Open High Low Volume
20.5¢ 21.5¢ 20.0¢ 2108139
Last updated 15.59pm 25/04/2024 ?
LRS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.