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...
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $61.35M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 19.0¢ | $31.60K | 161.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7800 | 20.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 4944 | 2 |
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| NXS (ASX) Chart |