VYS 1.04% 47.5¢ vysarn limited

wall of disbelief will soon crumble, page-4

  1. 5,665 Posts.
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    Whilst everyone seems positive there are holders pushing it down. Surely you cannot ignore it. Its an elephant in the room - If people hadn't in some ways lost faith even those that paid 30c they would continue to hold.

    had a chat to a tax accountant most lost money in GFC he doesnt believe that most are in a capital gains tax payable this year. His reason for saying this is that the portfolio values have not returned to the 2007 / 2008 levels and hence the items that have been sold most have accumulated losses.

    So when I said people are selling to establish tax loss he said that yes if the person was an individual and had owned them for less than a year but that the vast majority would just look to whether they have tax to pay on gains and most would still be carrying over.

    So if its not tax season than why is there such a lack of support it almost seems that HC posters are picking up all of the shares and options. huge lack of interest in this share.

    I hold but am not sure I would be loading the truck up without hard facts about the new plants operational results.

    Management dont seem to be loading the truck up either - strange if it has such a huge value? Even at 40c how many investments have the potential to do that?

    Must say this relentless drip selling has changed my view somewhat.
 
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