Outside PEXA LNK business is running weak.
..
LNK does expect profit to grow (cost cutting) but loosing client is big issue. However most client signs 5 years deal so it does not happen over night.
..
Back to PEXA.
..
To avoid TAx liability, one MUST hold LNK for 90 days or longer (I am not a tax expert but that is my understanding) else you end up as Trader not Investor. That's why INSTO are not trading LNK now and volume are exceptionally low.
..
Once PEXA is listed LNK volume will rise substantially (positive or negative depends what INSTO decide)
- Forums
- ASX - By Stock
- LNK
- PEXA Listing
PEXA Listing, page-176
-
- There are more pages in this discussion • 85 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)