Hi
@kcheers
Some valid points indeed.
Personally I don't average up: when I'm convinced a stock ticks all the boxes then I'm all in early.
So I'm selling slowly and picking my new targets.
It's just a bit annoying that the options are lagging in a hot run: so I'm converting just a couple of million to take advantage of that. I would love the arbitrage to disappear but if I can take advantage of it on a weekly basis then I'll give it a go.
I am of the opinion that a CGT discount is a slim chance given I switched to options in May.
Keep in mind the CGT won't be payable for FY18 until May 19 so plenty of time reinvest the governments money for a while.
I think the 20-30c window will be very exciting but I also think there will be plenty of offers to take this out early. I'm sure Klaus wants to have a relaxing Xmas. Lol.
Again, no risk on conversion time: I know a few who converted in just a few days.
You are given a BPAY ref/code that you can use over and over.
Just ring the company secretary to confirm the payment to speed up the process.
I think the dumpers are gone. I assume our outgoing director dumped 20M on open the other day no doubt but I guess that is his prerogative: everyone here to make money.
Well done getting in back in Feb!
Time for some single malt scotch.
;D
