It may be of interest that mad is now 1 year on from the initial ann that started to SP moving up - now if I had known how far I would have held on to my buy on that day @ 0.225. however I didn't but I still managed to buy and sell along the way once the party started.
which brings me to my point - say you were holding on a few months or weeks before the ann - the price skyrockets - do you hold or do you sell? Well if you are like some and dont want to pay 100% Capital Gains tax, you might wait until the twelve month period is up.... so in effect if they sell now it is the same for them as if they had sold @ $1.20
so some wonder why the SP is weak atm - dont blame shorters, i think they get far too much credit when a price goes down. Think about who would be selling....
anyway just my rambling thoughts and if wrong please correct me
cheers
ba
- Forums
- ASX - By Stock
- FDM
- 1 year on
1 year on
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FDM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online