Well, I held off selling for what sounds like much the same reason as you, I didn't want to pay full whack of tax by selling, in my case it's largely due to not having held for 12 months so I'm not eligible for the 50% CGT discount.
It appears that incentive not to sell has helped me hold on through a rally I thought had likely extended too far, I'm still hesitant to sell based on still not hitting the 12 month mark, I would definitely be selling now if it weren't for that.
Pretty happy with the colour green in my portfolio though, just have to do my best to ensure I don't get too greedy and remember to sell when I hit my valuation targets, for me that was $9-10, we are now through that and I don't believe the results I just read were enough to justify raising that valuation more than 50c at the most.
I would now call $9.50-10.50 full value, anything over being overvalued.
So now my call is full value but not overvalued and I generally move my sentiment to SELL when I think it's full value as I don't like to hold when it heads into overvaluation, this often leads to me selling too early, I also make the same mistake in buying too soon in the reverse scenario.
Ps: my sentiment is soooooo close to changing to SELL but not quite there, would love to hear any updated analysis from others, I'm not seeing this as a growth stock at this point as I previously had a few years ago, certainly dividend payout ratio supports that view IMO as otherwise more funds would/ should be getting reinvested into the business.
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Well, I held off selling for what sounds like much the same...
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Last
$8.04 |
Change
0.080(1.01%) |
Mkt cap ! $5.558B |
Open | High | Low | Value | Volume |
$8.03 | $8.10 | $7.98 | $35.02M | 4.353M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2831 | $8.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.09 | 28945 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 7.950 |
2 | 5421 | 7.850 |
1 | 1500 | 7.800 |
1 | 1928 | 7.780 |
1 | 129 | 7.750 |
Price($) | Vol. | No. |
---|---|---|
8.100 | 7143 | 2 |
8.150 | 1557 | 2 |
8.190 | 19827 | 5 |
8.200 | 11715 | 5 |
8.220 | 3000 | 1 |
Last trade - 16.20pm 04/07/2025 (20 minute delay) ? |
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