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ESS essential metals limited

0.00%

50.0¢

Ann: Essential and TLEA to enter into Scheme of Arrangement, page-55

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Ericgil

1,813 Posts.

266

20/01/23

09:55

Post #: 65788258
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Originally posted by qwert0: ↑

Yes, a bird in the hand is definitely worth 2 in the bush. Is it worth 10 in the bush though?

Another important consideration is capital gains tax. Anyone who has topped up in the last 9 months will be paying full CGT on their profits. I topped up last month at 30.5c. Being forced to sell at 50c would result in a nice gain but half of it would go to the ATO. Personally I'd prefer to hold on for a couple of years and get my 50c back every year as a franked dividend.

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Agree with your sentiments,my position is over 60 some health issues so my horizon is biased towards enjoying what I can,but gltah.

ESS Price at posting: 50.5¢ Sentiment: Hold Disclosure: Held
7 Upvote

0 Great analysis

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Ann: Essential and TLEA to enter into Scheme of Arrangement, page-55

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