AOH 0.00% 12.0¢ altona mining limited

I definitely read the 2nd in one of the anns as the last day you...

  1. 6,270 Posts.
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    I definitely read the 2nd in one of the anns as the last day you can hold. Was originally contemplating offloading and taking the capital writeoff for tax purposes, but since so much of the div is capital return (and thus untaxed) I think I'll hold. Obviously the SP will drop 15c at open on the 3rd, but that'll still be at cash backing. And I suspect any deal at all (or even rumours of a deal) will push the SP up above cash backing and give some extra profit there - upon which I presumably will sell.

    If that happens I should just about break even... after 8 years.
 
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