Will take some months for Labor to change CGT discount if they get elected and you would hope that it wouldn't be retrospective, but undoubtedly one of the best policy levers to bring housing prices back to sustainable and affordable levels. Would be nice if they left the discount open for stocks and other productive investment.
As I said in another THC forum today, the options are incredibly good value at the moment, which is probably why the difference between heads and options has remained less than the conversion price for several months. With recent board issues being slowly and steadily resolved, multiple acquisitions in the works and a pending license announcement, what an opportunity to leverage up
THC Price at posting:
70.5¢ Sentiment: Buy Disclosure: Held