Hi aburns,
If your a small punter and not full-time your going to be hit on your profits by the taxman if its less than 12 months. Therefore, why not sell 1/3rd instead of 2/3rds and use the remaining cash to trade it for accumulation purposes.
Reason why I am saying this. As it is undervalued now when comparing it to its peers, if for any reason it does take of, you can at least lock away a much larger parcel
now than to be kicking yourself down the track when it becomes fully valued.
I would rather accumulate it at lower prices now than to have to chase it later. Just my opinion.
Cheers markco2
- Forums
- ASX - By Stock
- AEX
- what a good close
what a good close , page-5
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)