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Billion Dollar Baby, page-133

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Kkkw

267 Posts.

193

02/03/19

16:10

Post #: 37631129
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Originally posted by seventhseal ↑

Heavily dependant of course upon the individuals personal situation @Karcus. You should never offer opinions on others decisions and assume you have all the facts...and using 50% as CGT rate is just plain wrong. For all you know he may be sitting on considerable tax losses in the current year (i'm sitting on some decent write offs this year after having cut a stinker ir two loose but have let most of my winners run) nor his tax bracket, PAYE or employment status. I'm self emp loyed in a 30% for cash business, draw only what i need to pay bills from the business, am able to claim all manner of deductions and show the smallest of taxable incomes so any CGT payable by cashing some NEA wins out will incur bugger all tax. it made perfectly good sense for me to do exactly as @KJones did for exactly the same reasons. Director selling in the 2.40's has given me confidence it was the right move for now. A healthy pull-back is in order after an incredible run IMO but if not and i buy back in a couple of pips higher theres no real harm done.

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CEO selling will send this a lot lower.....

NEA Price at posting: $2.50 Sentiment: None Disclosure: Not Held
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