You make ANO sound like a girl you knew in high school.
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grabbing them and hangin on are the easy'ish part, it is the jumping off part that i find way more difficult to do.
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hey, 2nd bit first ...... we each have different masters and i often find the devil is in the detail (but often we do not know the details of others). and on that it will be some time before i again have the luxury of worrying about cgt implications on a parcel tradeNot so sure holding on is the easy part, but I agree that jumping off is difficult. Because of the past and potential future growth rates, and potential changes to gross margins, a small change in either of these shifts expectation of future cash flows significantly. Makes valuation really damn hard and imprecise.
Further, I've only held the majority of this position for about 9 months, and given my current structure I can benefit from CGT discounts if I hold another 2-3. That's not to say I'm going to sell at the current price, but shifting the capital elsewhere becomes cheaper in roughly 2-3 months time.
hey, 2nd bit first ...... we each have different masters and i often find the devil is in the detail (but often we do not know the details of others). and on that it will be some time before i again have the luxury of worrying about cgt implications on a parcel trade(not from trading i am pleased to say)
on the 1st, by holding on i meant it is easy when going up. it is when a stock stops going up that i find it tricky - does not matter if i have held for 3 days or 3 years - i put a lot of effort into tracking inflection points on my charts to retain profits - and it really hurts my head.
cheers
Ah ok. I guess we come to sell decisions very differently.
As for today's announcement - they expect to continue the current growth rate (well and truly over 100% YoY) for the first half of 2020. And that doesn't even include any European sales.
Keen to see the annual report - the operating leverage should become apparent.
NASDAQ Investigation
In light of the current situation between our Company and the ASX, and given 70% of our
sales are in the US and our market capitalisation is in excess of $200 million, the Board is
going to investigate listing on NASDAQ. We apologise to our shareholders and the Board will
attempt to resubmit our announcement to have our suspension lifted as soon as possible.
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