Bear in mind that if you sell them at a profit the taxman will want a slice of that. If it was a big profit they will also argue that you need to pay provisional tax for the following year (as you will probably make another big profit). Potentially you may need to set a lot aside (the provisional tax you will eventually get back). If you are a long term investor don't let the current short term market factors influence your decision. You should buy when you think the price is significantly less than the value and sell when it is the other way around. Even if there was a 75% market crash, it looks like you would still be ahead. One option would be to sell a small proportion of your holdings so that the other shares were free carried - essentially getting back your original stake. That way you would increase the cash in your portfolio which would be available for the opportunities that Donnie might throw your way.
Bear in mind that if you sell them at a profit the taxman will...
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Last
$2.75 |
Change
0.060(2.23%) |
Mkt cap ! $717.0M | |||
| Open | High | Low | Value | Volume |
| $2.75 | $2.84 | $2.69 | $25.98M | 9.385M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 33184 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.76 | 3556 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| APX (ASX) Chart |