Hungry Buys, page-67

Sure mate,

As long as the money transferred into the company stays in the company, I can trade with a short term view and only cop 30% tax on profits.

It also allows me to trade Bgs without eating into the shares held in my own name held over 12 months with 50% cgt discount as if I trade in my own personal name, they are done on a FIFO basis.

A trust set up is typically better, but I do not have anyone to distribute too.

Not financial advice.

Nice green candle today, bought another 40,000 and ended up with 165,000 today. Things are looking good IMO.