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0.1¢ conico ltd

Ann: Suspension from Quotation, page-43

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jawburns

1,303 Posts.

330

04/04/24

12:35

Post #: 73186614
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Originally posted by Dave68: ↑

at 0.1c, it's one step away from being zero. The government must love these sort of stocks, as for myself in particular i bought at around 5c quite some time ago, thinking it's well over 2 years. I can't claim a tax loss because a my shares are down, there's no capital gain to claim against. I have no money to average down, and what really sucks is that it's my wages, with taxes paid that funded buying my parcel of shares here, original investment about $960.

So the government gets tax off profits for people who make money on shares, but when you lose, you get nothing as you can't claim it against your income. Absolutely blows, I guess the only positive is that it's taken much longer to lose this than playing a poker machine. I wonder if i should sell for almost zero if for no other reason to have a tax loss...can they be carried into the future? Not that there's any likelihood of having any of my shares rise in future.

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wow you down only $960 don’t complain look at it as a lesson learnt. Always research the BOD and if people are saying things like lifestyle company, run for the hills.
That tax loss can be carried forward until the day you die.

CNJ Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.1¢		Change 0.000(0.00%)		Mkt cap ! $1.805M

Open	High	Low	Value	Volume
0.1¢	0.1¢	0.1¢	$281	281.2K

Buyers (Bids)

No.	Vol.	Price($)
7	9605971	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	19772763	27

View Market Depth

No.	Vol.	Price($)
7	9605971	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	19772763	27
0.003	3357808	4
0.009	321000	1
0.010	285715	1
0.020	300000	1

Last trade - 14.08pm 06/06/2024 (20 minute delay)

CNJ (ASX) Chart