Genuinely asking how does the math work there if you intend to buy back in?
Say you bought at 20c and sold at 33c. Take a 13c profit, lose ~half of that to the tax man, So you've made 6.5c profit in hand. If you buy back in at 26.5c you're breaking even and all you've done is earned money for the tax man right?
If you bought a couple years back at 5c and sold at 33c, profit is 28c. Give a quarter back to tax man, so profit in hand is 21c. Again you need the price to fall to 26c to break even.
Ann: PEPR Approval for Siviour Graphite Mine and Concentrator, page-120
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