Exactly. And this is my perspective.
Say I sold 100,000 shares today.
My average buy in was 50 cents so if I sold at $1.80, I would have made $130k profit. I get the CGT discount so I would have to pay $32,500 tax. I would have $97,500 profit plus my original capital of $50k. So $147,500.
They are currently at $1.50 per share so to buy them back, I would be down $2,500.
While it was nice to see my portfolio in the stratosphere for a few hours, if you believe in Brainchip like I do, today's highs will be old news by the end of the year.
AKIDA BALLISTA.
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Last
17.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $333.0M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 18.0¢ | 17.0¢ | $361.0K | 2.060M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 624219 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.0¢ | 1303621 | 38 |
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| Last trade - 12.55pm 12/08/2024 (20 minute delay) ? |
| BRN (ASX) Chart |