SGH 0.00% 54.5¢ slater & gordon limited

"I'm hoping to get 10% back including what I've received. I'd be...

  1. 720 Posts.
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    "I'm hoping to get 10% back including what I've received. I'd be surprised to get 15% or more back. "

    I would think that writing down capital losses would be worth about another 15% or so in the end so you may end up getting one quarter to a third back in total, if your income is taxable.

    Here's hoping that you get it Jim, so that I can keep on vicariously enjoying your overseas pleasure cruises.

    I've received 0.4% of my total back in cash and if lucky it may go to 1%. But capital losses are on all the shares not just in the time covered by the CA so it could be worth another 15% to 20%. I've already realised about 5% on capital loss (well I will when I put in a tax return) so I'm up to 5.4% - just doing sums in my head to make the whole thing seem more palatable.

    I don't hold my breath waiting for ASIC to do the right thing but it would be a bonus and a warning to others. I actually didn't get all that much satisfaction though when the HIH criminals went to jail as my cash was still down the gurgler. Fool me twice, shame on me.
 
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