rights issue15 Jul 2011 10:12
My fear is keeping on to the stocks too long and the price going down to 11p or so. However if I sell now I'm going to get screwed on capital gains tax so I'm in a bit of a pickle. (I bought at 2.5p) I can raise the funds by selling other shares (namely RBS, Lloyds, and Barclays) which are locked in ISA's, however I am not sure if I can handle having all my eggs in one basket especially with what happended to Southern Cross last week. Any more help would be appreciated. I am not looking for short term gains so if anyone thinks this share could get up into the 30's (or 40's again) in a few years, would be good heaing from you with more info.