Not a bad strategy if you believe the share price wont continue to appreciate much more than your sell price.
Bear in mind though you would not be exempted from a 50% capital gains tax - which can be quite substantial depending on the profits taken. But you are definitely on the right track if you can do 20% under a month x 12 or more.
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Last
13.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $115.9M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.5¢ | $466.7K | 3.585M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 329079 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 328272 | 15 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| BUB (ASX) Chart |