That's correct. I had a chat about this recently with my accountant and there's a principle "first come first served" when multiple buying and selling of shares. It's got its technical term in accounting world.
Basically, say you first bought 15000 shares at $4. Then later bought another 15000 shares at $2 averaging $3. After that you sold 20000 shares. For tax purposes, you made a $1 loss on the first 15000 shares and $1 profit on the 5000 from the second lot.
MiB
That's correct. I had a chat about this recently with my...
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Last
99.0¢ |
Change
0.010(1.02%) |
Mkt cap ! $1.130B | |||
| Open | High | Low | Value | Volume |
| 99.5¢ | $1.02 | 98.5¢ | $5.507M | 5.501M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9996 | 99.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.5¢ | 18069 | 3 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MSB (ASX) Chart |