Interesting to see where we sit post EOFY - late July - SP...

Interesting to see where we sit post EOFY - late July - SP wise.

For the longs here that have been buying over the past 4-5 years, there will be some interesting CGT events when you break down parcel buy price.

If the SP is trading around the $2.5, it might make sense to offload some of cheapies (say $.90c base) using the specific method. Realise the gain, so I can soak up some of my carry forward capital losses (and realise some other current losses - because I am an astute investor!). Convert the oppies for nil tax impact on the sale side and probably give scope to buy more heads.

If the share is still around the $1.30 price - these calculations do not make much sense. But at a $2.5 SP

Sell heads at $2.5 + Covert oppies + offset capital losses (realised and unrealised) = Clean up and use capital tax losses sitting on personal balance sheet + nice new juicy cost base for new heads (and room to purchase more)

I would anticipate this will drive a bit of volume amongst the rusted-on longs.