those figures making my eyes spin!!
but...
no cgt free threshold if held less that 1 year
sk say had $10,000 biy in go to $20,000 at SP $20 (to make it easy calculation).
$10,000 profit, tax $3,600
Now sitting on $16,400.
But you were on $20,000 before selling half
Doesnt the SP now have to fall below $16-40 for you to be on top? And only by a tiny margin?
realistically it needs to fall to about $12 to really be a winner.
But if you sell at $20 and it rises to $28 before it falls, the dall your waiting fir to be an oversll winner, it still needs to fall well beliw $16-40 to be a winner??
To my mind the chances are slim if held less than 12 mths you're going to cone out on top
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