BTA 0.00% 57.0¢ biota holdings limited

Sorry Jetson5 but the way i understand it is the tax treatment...

  1. 767 Posts.
    Sorry Jetson5 but the way i understand it is the tax treatment by the ATO has not fully been considered and will be advised at a later date.

    Yes its best to in a persons mind to consider the payment as fuly taxable but that may not eventuate and IMO

    Anyway if the Tax treatment dictates whethere to sell this stock at this point in time is brain dead over the medium to long term.

    This is not a traders stock and that is the way some players choose to play, then they may be caught out being long and short from time to time.

    This stock is tightly held and just look at the votes at the AGM to confirm this.

    A 10-20% range over any a short term is always lkely but isnt always predictable.

    A firm view is important on this kind of stock and you have to stick by it.

    If you think its overpriced then stay out but short at your own peril
 
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