tax, page-17

Hi footie,

I mentioned next week only because it should mean that the big land deal is finally put to bed, erasing the 0.1% doubt left in most of our minds that something will go pear-shaped with it.

I am not a trader! I am neither smart enough nor stupid enough!!

I'm somewhere in between an investor and a trader (in other words I make it up as I go).

With SSN I have done pretty well so far (I have been in since before the reconstruction and have built up my holding gradually - not counting sales my average buy has been 2c on oppies and 2.7c on heads). I sold 10% of my holding in each on Friday just because I thought that it might be wise to hedge against the totally unexpected and I will settle for 90% bliss after the sp goes through 10c (I will cope!).

I would like to hold on to most of my holding beyond 12mths, maybe beyond 5yrs, if my personal circumstances allow (I have had some debt issues to deal with).

My life will be complete if SSN blows its top and goes on to bigger and better things as has been amply described in many posts, and if my (literal) "sleeper" (APG, held for 10yrs) finally achieves something. I doubled my position there this week - if it goes it is the tightest coiled spring on the ASX - just watch out...

sasa