Australia's largest stock trading and investment forum Australia's #1 stock forum

ALU

Click for more information

0.00%

$68.33 altium limited

Ann: Change in substantial holding, page-4

First 4 Last

Share
Profile

Follow
randa22

579 Posts.

36

06/06/24

09:35

Post #: 74188222
Share

Originally posted by General1952: ↑

“So what I am saying, might as well sell on the market.”
Up to you, but if you’re confident that the deal is going to go through in line with the stated timetable, not only are you incurring broker costs by selling now, but you’re also giving up the $1.50 increase on the current share price. This is the equivalent of an annual return of more than 13%. Also waiting until August puts the capital gain into the next tax year.
All worth considering if you don’t have a short term use for the cash.

Expand

Its just simple maths based on the t/o proceeding, whether you hold or sell after taking into consideration CGT in 1 or 2 tax years, and whether you can put the cash from selling in this tax year to work.Depends on which tax bracket you fall into and how big your windfall is. I dont think there's a fixed option that suits all investors.

ALU Price at posting: $67.00 Sentiment: Hold Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

MGU

New results confirm Buena Vista's iron grades potential

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

There are more pages in this discussion • 5 more messages in this thread...

First 4 Last

Add ALU (ASX) to my watchlist