Thanks for your frank answer. I have a lot to think about....

Thanks for your frank answer. I have a lot to think about. Hopefully for me an Australian ASX listed comes up with a better merge proposal ( At this stage I am thinking voting No , but don't want a takeover ) I don't understand why you say it isn't an issue with your tax in the SMSF? The dividend's ( franking credits) I receive in my SMSF are a great benefit dollar wise accumulating at years end. I have about a third of my AKE in SMSF and can sell them at a 10% loss and buy other performers I have penciled ( I will probably do that if it goes through to keep my future dividend income stream for retirement) in but in my regular account especially next year I would be paying a lot of CG. Anyway it's a good problem to have after all these years of disappointment. I hope everyone enjoys as much of the gains that they can.