AGY 0.00% 3.7¢ argosy minerals limited

General Discussion AGY, page-1089

  1. 199 Posts.
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    I fully understand that AGY is a growth stock and that capital gain can best be achieved from a rising stock price, but I m just curious what divdents might eventually be worth. Although I'd rather see them investing it in for example Tonopah (if that is viable) and that the share price appreciates because of that.
    The next 5 years seem quite de-risked to me for lithium demand, e.g. a bright future for argosy, but what happens after that is uncertain, maybe DLE becomes so cost competitive that Rincon is uneconomical, or the political landscape in Argentina changes, etc.

    I think that it's smart that if AGY becomes say 1 dollar, its wiser to sell up and be certain you have your profit than to gamble to get a fraction of that profit every year by dividents with risk of a collapsing share price. There are of course various ways in between this, e.g. to sell a certain fraction and keep some stocks.

    I'm from Netherlands, we only pay 15% tax on dividends (we can declare excess dividend tax above 15% on foreign stocks back at our tax office for a refund). It even used to be not taxed until recently.
    Its one of the reasons shell for example is paying big dividends.

    We do also pay tax on capital, including stocks (1.2% annually), with the value on 1st of January as benchmark.
    Last edited by Mr. Turner: 09/07/21
 
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