Agree, Gotta but if you sell and "still retain" a position it doesn't matter what price it sells for, in fact the less the better for CGT purposes.
Swapping hands results in a sale for we little fish, and a bigger piece of the pie for the "left hand" who just "didn't know how lucky it was", nudge nudge wink wink........
It's like selling into your SMSF just before a share goes up......nice play, reduced CGT. Only in this game we also have our seat removed and they get two.
This is going on around the ASX listed stocks and is very hard to police as backroom deals can be made without anyone knowing.
Carlton won a premiership with brown paper bags 20 years ago, don't you think the corporate world have perfected this dark art.
LHD Price at posting:
16.5¢ Sentiment: Hold Disclosure: Held
