another thought ...

Hi all,

has anyone thought that now SBL is being capped at 1.7/1.8 with all those 25+ mill shares to be sold so that all those lose holders chip in at 1.6 or so and these guys still make profit.

I am voting No...i have collected these shares at an avg of 3.1 not selling 1 share less than that.

if i lose so be it ll make up against other investments in long run. Tax man is not gona get CGT on those winnings, so in a way if ASIC is not doing what they are supposed to then its hurting there pockets not mine.

sorry guys just some quick thoughts on this..........