What if at 12c you couldn't find any supply for buying shares, so you sold down your own shares to make a paper loss on the last day you could do it for FY17/18 to declare a tax loss. Then what if you re-buy sub10c, scoop all the stop loss shares available on the drive back up so that now you have all the supply you want at a 20% discount (i.e. 20% more shares for the same price) and make a tidy 20% increase on your profit for FY18/19...
Just a thoughtDYOR
Little Gem, page-59
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