sell or hold, page-4

I think I can see why you might be concerned about the price dropping significantly. If I remember rightly you are on a margin loan. If that is the case I would have to consult my crystal ball....................which says that it should not fall by much because there is a very good reason for buyers to keep the price at about this level. If they wait the distance until the sale price is received and then later when their tax return adjusts for the franking credits they will receive value of about $1.92.Thats 13c on an investment of $1.79 approx at todays price. Most of that will come back by April 2020 and the last 10c will come back when the accountant manages to get their return done. Works out at about 12%pa if you work on a time limit of 7 months. Not a bad return for those who are buying at current price ............................now work it out over a shorter time frame and the rate of return increases which should mean that all things being equal the price should rise a little sooner than decline. All IMO.