Being quite new and inexperienced re the sharemarket, I don't fully understand the SPP.
If anyone can please address the following I would appreciate it.
Given that my average cost is around $20, why wouldn't I sell a portion of my QBE holding, book it as a tax loss, and use the proceeds to repurchase via the SPP and therefore reduce my average cost? Do I need to sell my entire holding to book the tax loss or can it be done when only selling a portion?
I realise that there is a risk that I may not get my entire fill, but I guess I am banking on getting some of it at least.
Why would one participate in the SPP?
Why wouldn't one participate in the SPP?
Thanks to anyone who provides input.
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Last
$22.75 |
Change
0.150(0.66%) |
Mkt cap ! $34.35B | |||
| Open | High | Low | Value | Volume |
| $22.60 | $22.75 | $22.51 | $34.96M | 1.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1008 | $22.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.75 | 13756 | 1 |
View Market Depth
| Last trade - 16.10pm 07/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |