Hi all, My 80+ year old parents held ZFX + OXR. It appears they will be forced to realise a considerable loss on the merged OZL in the current FY. Assuming the sale to Minmetals proceeds, I recommend selling a small parcel (~5%) of their XYZ holding, sufficent to equal the loss. XYZ has been held for 2 decades and consequently embodies a serious CGT liability. Their portfolio is overweight in XYZ. There are two reasons for my recommendedation: the "value" of the loss is eroded with inflation; and a carried the loss forward risks lapsing (if I were to lose a parent). Is my reasoning sound?