buy or bye, page-10

Hi Wilson.

Subject to ever changing rules and what tax accountants say you can or should not do, I understand that the Goverment is placing ever increasing limits on what a person can deposit into their super, particularly if it is pre tax.

http://www.ato.gov.au/super/content.aspx?menuid=0&doc=/content/60489.htm&page=3&H3

Then they tell you that it can't be touched (by most people) until they are are over 60 ...... but in any case you are following in the footsteps of some CDY directors including David King. Maybe the directors are using the low SP to get around some of those tax limits in anticipation of a significant SP rise in the next year or three.

I can't say much more about CDY beyond what I've already posted but will keep up the research.

Cheers