OEX 20.0% 0.6¢ oilex ltd

Everyone's circumstances are different but I think you would...

  1. 1,815 Posts.
    Everyone's circumstances are different but I think you would have to consider the tax implications if your capital gains are so great where you are in that top tax bracket with pretty much half your profits going back to the Australian Government to waste!

    Maybe if the successive announcements are good it might be prudent to get yourself into a situation where you are free carried in OEX or ride the swings and sell everything close to the high and then re-enter on the lows although that is risky if for example it did a LNG skyrocketing to the moon, now that would be something to look forward to in the future.
 
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