ATO does not allow "wash sale" tax benefits.
can't sell and rebuy the same asset for the sole purpose of making use of the tax loss.
I'm sure almost everyone does this so no idea how they ever hope to enforce it currently except when you are audited for whatever reason.
just FYI
TR 2008/1
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GML
Gateway Mining sells WA Eastern Montague gold project to Brightstar for $14M – half of that in shares
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
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Last
$4.03 |
Change
-0.190(4.50%) |
Mkt cap ! $342.8M |
Open | High | Low | Value | Volume |
$4.10 | $4.22 | $4.02 | $1.235M | 303.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | $4.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.04 | 164 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 4.020 |
3 | 6375 | 4.010 |
9 | 17920 | 4.000 |
1 | 164 | 3.990 |
3 | 1415 | 3.980 |
Price($) | Vol. | No. |
---|---|---|
4.040 | 164 | 1 |
4.050 | 164 | 1 |
4.060 | 164 | 1 |
4.070 | 164 | 1 |
4.080 | 164 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
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