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23/03/22
16:29
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Originally posted by anguscameron:
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Frankly I don't care if you believe me or not, fact is that I have been holding since pre Easter egg days. Watched the price rise with that hype and fall away to it's 2c lows then slowly recover. I have over 1600000 shares at an average price of 7.3c. Yes they are in my own name Yes I've held them all for over 12 months Yes I am an Australian resident for tax purposes. First year I was trading them and 4CE for pips and made good profits but realised that it may be better to hold and acumulate. like you said AVZ - the life changer. Apologies to posters as this is probably not the thread for asking my original question
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So you traded pips, accumulated $120k and then decided to buy and hold AVZ and you don't have an accountant helping you? Something just doesn't add up. What percentage of your overall portfolio is AVZ? Anyone with that much in the market needs to see more than H&R Block..... Re-read my calculations to answer your original (valid) question. And in fact you'll have even more to spend on your week away. Still choose to not believe you. Yes, I am an Accountant. TC.