TON 18.2% 0.9¢ triton minerals ltd

Trading question

  1. 6 Posts.
    Hi all, I am relatively new to this trading game & need some guidance if at all possible from experienced traders.

    Over time & under “my own name” I have bought shares in at 3 or 4 different occassions, at varying prices.
    I do believe/hope it will increase substantially in the medium (many months - hopefully) to long term(years - - most likely).

    I am retired & I have just set up a self managed super fund with a pension which means any capital gains are non taxable(due to the pension). I also trade online through Comsec, ie direct & no broker.

    To minimise/eliminate tax issues when there is a substantial price increase I would “now “like to sell my shares to my SMSF & guarantee the sale & buy price go through as a match at an agreed/matching volume & price without anyone else getting my buy order or conversely my sell order.

    Lets assume the 2 current buy max prices are say $0.08 & $0.075 & the 2 sell min prices are say $0.085 & $0.09.
    If I simultaneously
    a) Place buy order in for say 5000 shares at $0.077 from my SMSF account &
    b) Also a sell order in for say 5000 shares at $0.077 from my own account,
    Hopefully the .007 cents on either side is allowable & if so will this guarantee my cross trades(assuming no one else sees my sell order & gets in before me)

    I would trade using two laptops & hit sell trade just after buy trade is entered.

    I just do not want to sell off my own & then find my SMSF buy missed & I may have to buy at a much greater price – probably unlikely but possible, if it moves quickly up or down as I do the trades.

    Probably best to wait a bit after market opens, & not many trades are going through.

    Any guidance assistance would be greatly appreciated.
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Last
0.9¢
Change
-0.002(18.2%)
Mkt cap ! $14.11M
Open High Low Value Volume
1.0¢ 1.0¢ 0.9¢ $259 26.13K

Buyers (Bids)

No. Vol. Price($)
4 1280209 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.1¢ 122784 2
View Market Depth
Last trade - 15.57pm 12/07/2024 (20 minute delay) ?
TON (ASX) Chart
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