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Thanks Dona, just went through those posts...interesting. OCL has released "buy back notification"...so I'm thinking wait and see what happens. Looks like they might try increasing value of their stocks....? Has anyone gone through similar in the past?

Thanks heaps everyone. I keep buying stock for past 20 years but I still feel I'm a bit of a noob when it comes to financial tricks. Ok, I come out. The stock I'm talking about is OCL. I actually bought heaps when it was still 60cents then just kept topping up as it went to 90cents. Believe or...

Thanks Qldfrog, that’s great. Yes I do hold them for more than a year. I also have capital losses so it may be possibe offsetting. I was going to see my taxman about this anyway but thought checking this site first.

Hi folks, only just notice this forum and decided to join in, so I can learn a thing or two. Worked for packaging company as engineer for 32 years now retired. I've been buying shares for few years but there's a lot to learn. I have to start studying this as I have more time now.

Hi folks, I'm a newbie here and I have a question. What do I do with stock that went from 90cents to $12 in a course of few years. It's a risky stock and I was thinking of selling it all and buying blue chips instead but not sure if that's the best course of action. I'd be quite happy paying tax...