Yes, and full CGT yes. You need to pay the piper. But I don't...

Yes, and full CGT yes. You need to pay the piper. But I don't mind. I only bought GBR late Jan and to have made 100%+ in such a short time is fine by me even if the ATO takes 30% of it.

Paying CGT sucks if you don't have enough. If I only had $10 to spare then paying $3 of it to the ATO hurts. However having made $25k on this trade and paying $7.5k (minus some loss on other trades that didn't go well) is not all that bad. That is still $17.5k in my pocket all for spotting a nice looking drill result in late Jan this year... The only regret thus far is why I only put $25k on it but as I said in that very first post it was a small speculation only.