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I can't see how moving some holdings to hsbc changes...

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Tooheys8

4,651 Posts.

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15/09/23

12:11

Post #: 69872389
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Originally posted by brick6: ↑

Your not wrong.

I've given up trying to work it out as it does not make any sense.

Fred is moving holdings I would have thought to avoid or minimize CGT.

Fred and his mates are kicking in more cash (granted with a kicker that's only worth anything if they make it).

They are only bumping 3 weeks at a time which means they need to re updated the market as someone will moan to the ASX when Im sure they have better things to do.

The only way out for any of us keeping our pants on is a working chip.

What am I missing?

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I can't see how moving some holdings to hsbc changes anything tax wise
perhaps it's so hsbc might allow a small finance facility against the shares they hold
nothing else makes any sense to me as to why he has done this , just my opinion/guess

AKP Price at posting: $10.00 Sentiment: Hold Disclosure: Held
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