Reincarnation, page-87

@buddy134. Well done on your CBA vintage purchase. You have done what thousands would have wanted to achieve. CBA et al are in the wars at the moment. I have given it some thought and believe BOQ might be a beneficiary of the RC fallout.
I believe as far as I am aware that AOH franking credits are now with CMMC . I am not aware of a time limit
as far as the ATO are concerned.
I have done my 30 hours study on CMMC and have bought 26 k of shares in C6C @ $1.25 average. Even doing that was quite a chore considering it’s an illiquid stock. Bots were hovering trying to find some dark pools of depth on the sell or buy side but found none. Approximately 80% of stock is held by the top 20.
CMMC debt is manageable. If you look at their history they had some teething issues with heavier than expected milling grade. This slowed them down for a quarter in 2016. They are on top of it now. Their debt is 258 million with 60 million to be paid off next year.
With every cent rise in Cu it’s worth nigh on a million profit for them.
As for dividends I believe they will either acquire more cheap real estate or give a dividend. But this won’t happen
for 6 years.
As for old AOH holders. I sincerely hope the increasing SP will give you a break even point or a profit.