When a tax loss is filed, you forfeit ownership of the shares and assume your loss, in essence you can balance your taxable gains with your losses.
Reason obviously to recoup the taxes paid on that money lost. Money in the pocket paid by the govt.
Those shares would either then be retired or back into corporates hands, how that works I’m unsure, however I would assume they would be cancelled and the OS would decrease.
I believe and I’m not 100% on this but when you do a tax loss write off the shares cannot be purchased and have to be settled at $0 value.
Unless ofcourse you get the certificate of ownership from your broker and work a deal with a friend to purchase them from you for said value.
Bottom line, the last door is tax loss write off, there it is....good bye if you so choose to.
But, you can always wait another year too, or 2, 3...
I’ve taken this much of a gamble, wayyyyyy too many connections and plausible speculation that can be carried out here to be dismissed.
I’m sure the odds of winning this are better than the lottery even at this point
