Agreed. I only used $1.50 to help make the example strategy...

Agreed. I only used $1.50 to help make the example strategy relevant to Patrolly who indicated that 2002 was his entry point. Its always easier to make a point with exetreme examples.

There are thousands of shareholders and each has their own entry point and entry price, some going back as far as 10 years. I would be stunned if there weren't a number of shareholders holding stock from the original IPO. I believe the theory holds true with entry points all the way down to 10c or below depending on the size of the holding.

There arn't many opportunities to legally take the tax loss and maintain your holding. That said many get away with doing so by just ignoring the rules but I believe it is something that the ATO is quite aware of and looks out for now.

Allotment of new shares and options is scheduled for tomorrow I believe. Like you, I'm looking forward to some more good news and can see the stock is already starting to defy gravity.

PS. If the company needs some free labour I'm happy to come up and test some of the news toys !