Riduculous tax laws where they are taxed on unrealised capital gains.
Given $100,000 worth of shares at todays price Have to pay tax on that $100,000. If the company winds up and the shares are worthless all they have is a loss offset which may never be able to be realised.
Not ideal but prudent that they sell some to cover rather than dip into savings
Even worse for employee share plans
(No sentiment checked because i think it's a nonsense metric)
4DS Price at posting:
8.9¢ Sentiment: None Disclosure: Held
