PLV 0.00% 1.2¢ pluton resources limited

plvr, page-19

  1. 9,284 Posts.
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    Sabbath. Never good to see large losses but get some tax advice. Unless for tax purposes you area trader or trading via Pty Ltd company even if you were to sell and rebuy your holding on Monday it would mean you have access to your tax loss to offset other capital gains income. That means if you make a motza on ADO etc then you pay no tax. Only small downside is that should PLV for some miracle of a reason take off northwards you ( until you have held for 12 months) you don't get teh 50% tax relief.

    So roll your loss stocks and get the tax benefit across your portfolio now. harder to do with less liquid stocks .

    Just a idea to make a bad situation a little more bearable if you are making profits elsewhere as your losses can be carried forward.
 
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