Tax loss selling trickled to an end just before year end.
In a year when most tech investors are up 40-60% and facing sizable cap gains tax bills, with few and far losses to offset ....an obscure Australian stock placed by Op
co with zero follow up research is an easy target for the year end knife. So what if it is up 50% 6 months later? They’ll look at it again then.
When and if I get time to write again, it will be to explain how one should be looking at the sum of expectations for your ARR forecast by reverse engineering from the valuation. At 28 cents the sum of investors have a different forecast than some here. The seller (aside from the tax loss seller) doesn’t think the stock will get above 30. The buyer thinks it can get to 56. So what rate of growth gets you to 56? What rate of growth gets you to 30?
more later.
- Forums
- ASX - By Stock
- LVT - Valuations
Tax loss selling trickled to an end just before year end.In a...
-
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LVT (ASX) to my watchlist
|
|||||
Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.474M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LVT (ASX) Chart |
Day chart unavailable