Thats a stupid response, why have full disclosure? Because it is...

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Kaeho

7,037 Posts.

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28/06/19

22:52

Post #: 39297178
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Originally posted by thebeautifulstyle ↑

tax will sort itself out at the end of the year when trading shares (buy and sell within the Fin Year). A lot
of people on HC are trading and know how it works.

Shares that I hold for 1 year plus is subject to capital gains tax, and yes I know about selling and
buying back immediately, which is illegal, and requires at least a month interval before re-investing (and
then it becomes legal).

On another now: The downramping here from holders is ok, as they are being Devil's Advocate, however a bit
over-done sometimes. They feel they are not being kept in the dark, but it all comes to light eventually

Look at it this way… if the coy announces to the market (immediatel)y that there will be no shipment in the
next month, will this stop the share price from falling?. No, of course not!.... the share price will be at the same
level as it is today, if AT makes an announcement or not. Proof: the share price was unchanged at the end
of trade yesterday (after the announcement the night before).
The only difference is with an announcement the sp will fall sooner.

But what holders on here are saying is: we want to know anyway, because we are entitled to full disclosure.
But why have full disclosure? So that you can sell your holding on the announcement?? and become day-traders
instead of long-term holders?
Sounds like most on here are long-term holders and wont be selling anyway, full-disclosure or not. So what's the point?

Expand

Thats a stupid response, why have full disclosure? Because it is the law. Because some had an unfair trading advantage, some might be on the last straw and want to sell but had a trading disadvantage. As simple as that. Whats wrong with longs wanting to have a go at trading, its not for anyone else to decide.

GXY Price at posting: $1.23 Sentiment: Buy Disclosure: Held
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