Joffa - I would be careful. If you repurchase soon after selling the ATO would likely consider your sale to be a "wash", and you would not be entitled to claim your loss.
Unless you could demonstrate that there was a commercial purpose to your sale and repurchase other than crystallizing a capital loss, I would think that you would be in trouble.
The bare facts you have given would suggest you could not claim.
Joffa - I would be careful. If you repurchase soon after selling...
Add NXS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
21.0¢ |
Change
0.015(7.69%) |
Mkt cap ! $61.25M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $3.624K | 17.75K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 80261 | 19.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 7325 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| NXS (ASX) Chart |