Originally Posted by
craic
I'm afraid I will not buy until 341 or lower and it will go lower. I've been playing this game with this share for a few years now and the total number is 37,000. the day I buy they go back on the market at 4cps above the buy price. Tax? Well the division is 30-30-40. 30% set aside for tax, 30% reserve fund and 40% to me. One cent on my lot is $370 so a four cent difference is $1,480 less $400 fees (2 transactions) Profit is only on buy back. Hardly a day passes in the life of this share without a four cent difference. The reserve covers miscalculations when I have to take a small loss to maintain the number. I am cashed up at present and happy to wait but I expect 341 within two days.
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