My point is that in general we should try to maximize profit and then worry about tax implication. For most traders active on old AGO forum the end result was loss, and they were ramping up for months to no avail.
The future SP's of most iron ore miners is a big enigma.
Since you follow SGX and DCE futures, surely you noticed that all iron ore futures are in backwardations. People trading on these exchanges are having some information not available to us. The recent upheaval to IO prices is a direct result of a tragic incident.
There can be another dam collapse and another price turbulence. Or, Vale may gradually fix the upstream dams and we are back to where we were one year ago.
My point is that in general we should try to maximize profit and...
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Last
31.0¢ |
Change
-0.010(3.13%) |
Mkt cap ! $376.7M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 31.0¢ | $167.1K | 531.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 371626 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 9665 | 2 |
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| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |