I think you missed the point of my post
What I'm saying is, instead of both A) losing all your shares, and B) paying $150.... can you A) keep all your shares and B) not pay anything, or pay a processing fee with ASX etc.?
e.g. Glitterati sells me 1,000,000 shares for $1 (declares a loss of X), Zest sells Glitterati 1,000,000 shares for $1 (declares a loss of Y) - we both declare a loss of 100% -$1, yet we effectively keep our shares on the off-chance some good can come of it? The point being by transacting the shares, you book a loss, no different to selling on market for a loss then buying those shares back in order to book the loss for that financial year.
As I type this, it sounds a bit dodgy and perhaps against some rules in ASIC somewhere lol? But worth asking I guess for anyone who knows the rules out there in private land.
