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If an individual sells some shares, and makes 2 or more purchase within 30 days.
Is the cost of purchase to offset against gains based on the average cost of the combined post-sale purchases (ie those within 30 days)?
Or is it on another a basis, FIFO or LIFO perhaps?
Thanks
also 2nd question
Do bonus shares and rights issues follow the ‘same day’ and ‘within 30 day’ rules as normal acquisitions?
Thanks
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