Wes1978, you might wish to seek additional tax and accounting...

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learned_one

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20/09/21

07:52

Post #: 56192952
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Originally posted by Wes1978: ↑

Hey All

‘Signed in the shadows’

Been some great Posts Awesome reads and great research Big thank you to @magpie!! For some very interesting articles clear and precise easy read even if you have minimal tech knowledge!!!

Now just wanted to back @magpies thoughts, as I have stated I have been a long time holder done the research early understood the tech and at the time bought quite a substantial amount of shares.

These shares were in my name now we all know the story from $1.... I had advise from my accountant to create a Trust account and transfer these amounts into a trust account.

(So exactly what we saw on Friday) there is a couple of ways To do this but won’t get into it now.

Now by in any means this stuff is NOT ‘signed in the shadows’ it is as @magpie Statement repositioning wealth for a better future.

If anyone on this forum who is an early investor or even later and hold Substantial amount of shares if they have not already, really need talk to someone about there position into the future!!!

All evidence points toward an uptrend. The only potential risk to share price going down was these shares, now that is sorted - short term risk avoided - long term logically price should go north.
Add to this the lack of shares available to buy on market. Amount held by BOD - these shares will be like hens teeth!! Price⬆️⬆️

anyhow who’s hosting the $100 party LOL!!!!

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Wes1978, you might wish to seek additional tax and accounting advice before considering a "transfer" of your shares into a Trust vehicle, since I am reasonably sure this would be regarded as a Capital Gains event by the ATO. Regardless, congratulations on your foresight in purchasing shares some time ago.

PPK Price at posting: $20.80 Sentiment: Buy Disclosure: Held
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0 Great analysis

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