definitely a huge roadblock at 50c. One would think that if we can chip away and push through that roadblock at some stage this week things could really start moving. Thats definitely where the resistance lies and with any luck we can take it out this week.
Skinny, I'd have to brush up on my understanding as I can't remember if you use the cost base ($1.50) or because your only selling 500 you use the FIFO method (First In First Out) which means the first 500 you bought are the first 500 out and hence you'd pay more tax due to the $1.00 cost base on that parcel.
Anyone else able to elaborate as its slipped my mind at the moment.
HOG Price at posting:
49.0¢ Sentiment: Buy Disclosure: Held
