Hi vmp, I'm just thinking that some of these holders may have incurred share losses from previous years, that can be offset against their current gains. Any accountants, or shareholders employed in the financial sevices area, may be able to advise on current tax rules. I think that my days of incurring losses on my shares may be over, since I have joined the forums, developed patience, perserverence, and have generally gained more confidence, experience and knowledge, in selecting and investing in the best quality small to mid cap companies. Every person's taxation arrangements are different, however, it's a problem that I don't mind having. Some people may elect not to sell for several years.
GXY Price at posting:
61.0¢ Sentiment: Hold Disclosure: Held