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Ann: Podcast - The Cribroom, page-13

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    i didn't have to answer your question but i did.
    it is not a 17% return it is a dividend of .7cpsh held, everyone has a different average cost basis.
    if you own 1 mil shares worth today $40k and you get your div of $7k pay tax @30% so $4900 after tax if that tax rate applies to your circumstances, but ex div lets say sp drops to 3.5cpsh so you lost $5k and that is why i sold, not saying that is what will happen but i would have liked to see something in the podcast to reassure me.
    now if you wanted a 2 bagger from here on the sp to 8cpsh then you have doubled your money, if the sp did go to 8cpsh then the ops would be trading at 5.5c at least maybe even 6c with a premium or a 3 bagger hence why i still hold ops for insurance.
    so i'm still invested but just took some of the table, maybe after the consolidation and some expansion news later this year or next i may change my opinion.
    by the way i have reinvested today in another co and the sp increased 2.5c today.
 
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