Interesting thread here guys
2 points :
Gabbie is spot on in what he/she says in that I also can't understand why even longer term holders wouldn't exit the stock at 54c area knowing it would fall to 45c area (and Tax is not an issue for those holding in their SMSF's)....if only we could've shorted it like other SPP allocations ?
And if you didn't see it coming,then commit this experience to memory ,as history repeats itself and this was nothing new .Something to learn and profit by in the future perhaps.
Also, IPOD ,how was it possible to pay by Credit card
CTO alowed this with their SPP bit MAK didn't ?
MAK will be ok once the capital raising effects diminish so until then look to trade the volatilty with some monies and keep a longer term parcel as well.
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