It’s called halving the capital gains tax, sure you can buy in and sell out but the tax implications and capital gain time loss can greatly impair the investment objectives, it’s now a waiting game, eventually the pay day will come, Kojensi might just make a huge appearance in the UK, lots of due diligence is required but time will tell and I would rather be sitting on a reduced capital gains position than ducking in and out. As a side note, the sell stack has increased but it’s way outside the reachable buy price, in my opinion these shares will be removed if the share price moves up.
AR9 Price at posting:
8.7¢ Sentiment: Buy Disclosure: Held
