MSB 1.88% $1.05 mesoblast limited

Since average mortgage is around million plus, it means you made...

  1. 808 Posts.
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    Since average mortgage is around million plus, it means you made a million profit after taxes from selling MSB.
    Assuming you bought at 32c and sold at 95c (triple), and minus 45 percent short term CGT, it means you sold MSB for $1.5 million.
    Plus you have some leftovers.

    So you invested over $500K in your first investment because a friend told you to.
    Sure, OK.
 
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