whats the story with tax loss selling, page-3

Jesimore

The law you are referring to is Wash legislation. Essentially you are not allowed to sell a share and then buy it back just to claim a loss. They also will examine whether you have sold the stock to a spouse.or SMSF They key test is the primary reason for selling needs to be something else other than tax minimisation if you are going to buy it back at a similar price and a similar amount

Tricha - PE of 58 I beleive is reliant on the recent hartleys analysis which assumes $90 oil price prod in the mid 300K barrels, no other finds and a spend of 30 million on exploration. In summary it assumes requirwes oil to drop by about 50$ and stay there and for cooper to spend $30 with zero sucess. Note the same figure was used in the Fin Review a few days ago when referring to Coopers forward PE.This is why one needs to do theor own research as opposed to rehash others research. To date I have found the Veritas analysis of COE to be the best although they have not provided any research that is recent