RXL 3.57% 14.5¢ rox resources limited

don't run, page-33

  1. 397 Posts.
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    And.h, So let me understand, you wont sell 20,000 shares due to potential capital gains tax (CGT), being at full count, as opposed to 50% of this amount for holding for 12months.
    You also suggest that the share price will fall to 3 cents ( from 4 cents today).
    so you hold share for 12 months to participate in discount of CGT (what ever date that is ?).
    Just trying to understand you logic, lets assume you are really lucky and pick the bottom in past 12 months and buy at 1.5cents then sell today at 4.0cents CGT calculated on $500 at full to keep maths simple use 50% CGT of $250 or wait 12 months $125
    So you sell today $800 lose 250 net value $550 from your initial $300 investment... or don't sell and let share fall to 3 cents then you hold a value is $600, so you either talking about $50 or a max of CGT $125.

    yep I need a an accountant or a packet of stilnox (might get in touch with aussie swim team).
    good luck with your decisions.
    BLIMPSO
 
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