1. Most Discussed
  2. Gainers & Losers
COK 0.0¢

Tax Treatment?

  1. Galba

    2,339 Posts.
    Here's a humourous one.. I held this from ages, when i started out as a rookie investor. Far from saying I'm a professional now, not even close, but my now $2200 stake (yes if you can believe, @ 54c! in 2010) is worth $12 at the current market price now..

    What can I do? I would have to pay commsec to sell this stock as the brokerage of $20 puts me into negative $8. Can i write the value off of this in tax treatment terms or do I have to officially have to sell the stock?

    Seriously guys if somebody wants my 4000 shares for free let me know

    Thanks guys, hopefully someone gets a laugh out of this

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.