MET - Metlifecare - one for the fundies?

[Balance]

That means for a momentum trader, and there are a few very clever ones here, or any trader with intent to sell into a higher share price, one needs to beat their market buy price by 33% + fees, just to break even. That's a high bar to achieve and I think that very few take into account ....

You lost me completely!

If you are a trader, you pay tax on 33% of any gains (sell price less buy price).

Where did you get your buy price + 33% of the buy price as a break even point?

To illustrate :

Buy price - $3.00
Sell price - $$4.00
Gain - $1.00
Tax @ 33% = 33c
Net gain = 67c

What you are saying though is this and is entirely illogical :

Buy price - $3.00 and you are saying that share price must increase by 33% to $4.00 or $1.00 to break even?