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  1. #31
    Junior Member
    Join Date
    Dec 2017
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    Auckland
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    8

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    Quote Originally Posted by Chanchay View Post
    Evening all, after selling out faster than herdlicker I am now considering purchasing back in. However I have managed to avoid any kind of trader approach up until now. Can anyone give me some advice of the likely consequences of doing so?
    Hair loss?

  2. #32
    Junior Member
    Join Date
    Aug 2014
    Posts
    29

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    Quote Originally Posted by Jeff View Post
    Hair loss?
    Thanks, I don't have an issue with hairloss just a few Grey's.

    I should have been more specific, I was meaning tax issues, would I automatically be deemed to be a trader by ird, would this extent to all shares purchased and sold?

  3. #33
    Senior Member
    Join Date
    Dec 2015
    Posts
    676

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    Quote Originally Posted by Chanchay View Post
    Thanks, I don't have an issue with hairloss just a few Grey's.

    I should have been more specific, I was meaning tax issues, would I automatically be deemed to be a trader by ird, would this extent to all shares purchased and sold?
    should be okay..don't let them know..n don't do often...

  4. #34
    Reincarnated Panthera Snow Leopard's Avatar
    Join Date
    Jul 2004
    Posts
    120

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    Firstly I am going to have a little gloat given my sell down was at the [current] peak and the SP is now trading at 2/3 of my average exit price.
    The ones I still own are still above what I consider a sensible price for the company at the present moment in time, though of course the market and I seldom agree in the short term.

    This whole trader/investor thing re-occurs with regular monotony on the forum, even a tax adviser would ask a lot of questions before providing any form of guidance and I am not going to put my paw in except to say:
    If I was a trader I would not be buying into KTD again at the moment;
    and if I was an investor I would not be buying into KTD again at the moment.

    Do Your Own Research
    om mani peme hum

  5. #35
    Member
    Join Date
    Jul 2017
    Posts
    59

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    Quote Originally Posted by Chanchay View Post
    Evening all, after selling out faster than herdlicker I am now considering purchasing back in. However I have managed to avoid any kind of trader approach up until now. Can anyone give me some advice of the likely consequences of doing so?
    What did you end up selling for? I'm also looking to buy back in once things have settled down.

    My intention was to hold long term and only sold due to the huge gains in such a short space of time.

  6. #36
    Senior Member
    Join Date
    Dec 2015
    Posts
    676

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    Oz shares are full of shorters....can not be kept too long...

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