CGT tax can be minimised such as using a family trust as the vehicle for buying stocks. Your 'if we reach 10c' might be a big call. Anything can happen in a year such as another gfc that can possibly derail anything.
All in all, this is a speculative stock, trading with common sense with a long term perspective is better than sticking the head in the sand and bragging the virtue of a long term holder.
All the best, hope the news update will put this stock to the next phase.
Long term holder?.., page-22
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.18M | |||
| Open | High | Low | Value | Volume |
| 0.7¢ | 0.8¢ | 0.7¢ | $6.583K | 881.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 42 | 22621360 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 1068302 | 6 |
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| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| AUZ (ASX) Chart |