thanks nic, appreciate that perspective. to reiterate, definitely not a bearish view on my part, simply how i assess risk/reward at the moment. i am less worried about taxes than many others given i run all my investments through a singapore holdco so taxation (short/long-term gains) is more of a moot point. obviously if i was an aussie taxpayer w ST gains i would approach it differently.
as you said - the fact stock is breaking to new highs is v bullish. maybe someone knows something i dont! best of luck to all, this can still be a home run (and probably will be, given i have now sold!)
I sold my 550k position - here's why, page-22
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Last
$1.40 |
Change
0.045(3.32%) |
Mkt cap ! $360.8M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.42 | $1.38 | $627.5K | 448.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36314 | $1.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.41 | 506 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| KCN (ASX) Chart |