MNS 0.00% 4.2¢ magnis energy technologies ltd

For those holding who are 50% or more underwater, consider tax...

  1. 2,719 Posts.
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    For those holding who are 50% or more underwater, consider tax loss harvesting.

    MNS is unlikely go to the moon in the next month, so you could always buy back a week or two latter to meet anti cgt harvesting provision.

    Having broken through to 8c mns will likely will be heading to 6c without any meaningful news.

    However even if MNS jumps to 14c before you buy back in if sold at 9c level, combine capital loss and future sell out at 35c you are well ahead. If bought back in 6c or so you will be boosting your profit multiple too for faster break even

    Do YOUR OWN research

 
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