1,005,000 share trade last FridayIt appears that there was a cross(?) of these shares at the .005 before the market opened.
If this was a fund to another fund the capital loss would be allowed for Canadian tax purposes.
If this trade was an done by one individual, I am trying to figure out the rational for the trade. If this person files a Canadian tax return the capital loss would not be allowed.
Perhaps American investors' have different rules in this regard.
Any thoughts?