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50.0¢ essential metals limited

I am still new to this and don't have large capital to take huge...

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issy79

451 Posts.

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14/05/16

13:53

Post #: 17766950
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Originally posted by Anush ↑

I think an email group for Long term holders can be of benefit.

As for the Big Investors-one can buy say 30 to 35 million shares at say 0.002 to 0.005. So invest $60 to $175 initially.
Then sell 5 to 10 mill on a significant rise to say 5 to 10 cents-avg sell of 0.075 =$375,000 to $750,000 and Youve profited 600 % plus and now free carry all Your shares and paid for a holiday/car/house/taxes..
Obviously a more conservative approach would be to sell at say 0.015 up to 0.05 to Lock in Your Free carry and get some sleep at night.
You can also buy back the 5 to 10 million shares on a retrace to say 0.004 to 0.05 cents...

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I am still new to this and don't have large capital to take huge risks.
If you gain 100% and free carry we still have to cgt?
What will you do with the capital or profit move in more stable/blue chip stock?
I wonder if there is any way to minimize cgt within first 12 month outside smsf, company?

PIO Price at posting: 6.0¢ Sentiment: Buy Disclosure: Held
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