re: to cyclone
yes - best see your accountant. my understanding though, is that if you are always holding shares for greater than 12 months, and then selling, then maybe you will become a trader, and will be taxed accordingly. in my posts, i have often said that i do not trade anymore, and just hold the shares. this explains why i have held lumacom for two years, kingsgate for up to 4 years, resolute for two years . indeed, that strategy, seems to have worked in my favour. if you want to trade, i suggest that you do it through a different entity - maybe through a company structure. just my thoughts - consult an accountant
LUM Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held