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Marcheline

39 Posts.

7

06/01/20

18:52

Post #: 42251326
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Originally posted by Epitome: ↑

The amount that I and my brother have still tied up is small compared to some (combined less than $10k AUD) but it's still money I'd rather have in my pocket as I worked hard for it. Luckily for us we both sold down on the fall and realized the losses (and prevented further losses) but unfortunately we both have some remaining shares. I'm already sitting on a capital loss for what I've sold down, so any remaining losses will offset gains (which fortunately I've made on other stocks). All up, this hasn't crippled me but it's been very disappointing and a costly lesson.

However, if the costs to us will be low and the benefit to others who have lost a lot more than us will be worthwhile, then I'd be keen to help out. My brother potentially too.

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The numbers are still trickling in. Join the Telegram group and indicate your interest. The lawyer is still working out whether to spread the cost evenly or based on percentage of shareholding. i have 300,000 shares, nothing compared to some of the rest here

A40 Price at posting: 8.2¢ Sentiment: None Disclosure: Held
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