IDC 0.00% 0.0¢ indochine mining limited

I checked them out a while back. They charge $40 fee and buy...

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    I checked them out a while back. They charge $40 fee and buy your unwanted shares for (I think) a dollar.
    That crystallises a loss in the eyes of the ATO so you can claim it as a CGT loss against any CGT gains you might have made. You can carry the loss forward to the next year(s) if you haven't sold anything for a gain in the current year.*

    I was considering this too.... but then the DOCA thing came along so I'm waiting to see how that plays out as a "may as well" kind of scenario.

    *I'm not an accountant, so best to check with yours.
 
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