Hmmm - the "I did not read past here so no idea what the rest said" kinda explains why the rest of the numbers make no sense, but you did answer my questions with "You cannot apply 50% until ALL loss has been taken care of"
And when I drill the ATO website I see this:
Your net capital gain is:
So I get it: The short answer is my maths was wrong - the discount does not come into play until *AFTER* the losses have all been deducted, not before.
