THR 0.00% 1.4¢ thor energy plc

Hey RipSometimes all is not what it seems.... sell 100 at 18c...

  1. 106 Posts.
    Hey Rip

    Sometimes all is not what it seems.... sell 100 at 18c buy them back at 21c. Low for the day shows 18c instead of 19.5c. Total loss for that transaction $62.00. However if that same person wanted to do an off market transfer from one arm to another with a parcel of say 800000 THRO a 1.5c difference in the price low for the day gives such this "astute" person an extra $12000 legitimate paper tax loss. Not bad for a $62 investment!!!

    C'mon Ripsnorter, I thought you had a bit more smarts than that. LOL


 
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