FMG 1.26% $18.75 fortescue ltd

So the Dalian May contract has closed tonight at 989.5 Yuan up...

  1. 448 Posts.
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    So the Dalian May contract has closed tonight at 989.5 Yuan up about 4.4 percent. Everyone can expect that we will definately reach 160USD (seaborne and port) by tomorrow (oops it is now today) assuming it stays strong.

    Those who are starting to talk about 50USD or 100USD are getting way ahead of themselves.

    I admit I really like this company but there are limits, I will remind myself of this and remember to take it once it has reached fair value.

    As i said if this share goes above 30 dollars (I know a long way) I will exit as long as I can avoid the full rate capital gains tax.

    How do they determine if you pay full or half CGT if you have multiple packets of stock holdings?
 
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