I think everyone knew you were right with FRM.
What happens (and its the same thing Ormond is talking about with CTD) is that when you buy a stock with a low cost base and it rises substantially (multiples) you get stuck with it - if you sell you aren't really selling for the market price (because of tax). You know you should sell but you don't because you don't want to trigger the tax so you default to being a "fan" and "defending the position".
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Why I passed on CTD., page-50
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Last
$14.22 |
Change
-0.090(0.63%) |
Mkt cap ! $1.780B |
Open | High | Low | Value | Volume |
$14.35 | $14.35 | $14.20 | $509.6K | 35.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 430 | $14.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.23 | 413 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2063 | 11.420 |
4 | 5973 | 11.370 |
1 | 3403 | 11.360 |
1 | 8625 | 11.350 |
2 | 5258 | 11.340 |
Price($) | Vol. | No. |
---|---|---|
11.430 | 809 | 1 |
11.450 | 186 | 1 |
11.460 | 1972 | 4 |
11.470 | 3403 | 1 |
11.480 | 3403 | 1 |
Last trade - 10.39am 29/11/2024 (20 minute delay) ? |
CTD (ASX) Chart |