its a tough juggle, many will have 12m cgtr in place, which is only worth anything if the stock recovers past 12m entry highs.
To keep it, or to take the loss.
If its going to recover and turn a profit from 12m entry, then worth holding than loss selling imo.
I dont think that there are going to be tooooo many profits that need that offset loss.
It will be all the newbies, that would look at 2-3m cgtr accumulation, and buzz it off for its loss value.
What it comes down to, is fundemental to KZL recovery.
IMO the rudd tax has been a large part of KZL sentiment demise,
will comodity prices strengthen also?
Can KZL make enough coin with current comodity levels, and then forcast in 2 years time, what comodity prices may be, and effect of Kevin tax.
IMO, its really about comodity prices, while the kevin tax has done a double whammy to sentiment, after all, the tax may not even get passed through parliment, or changed significantly. Its all about fear and doubt.
KZL Price at posting:
56.0¢ Sentiment: Hold Disclosure: Not Held
