Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
Erm well trading involves selling - & selling crystalises CGT even if you buy them back same day.
This is just a transfer of ownership (no sale involved) & you only then sell them when she owns them (ie once they have moved into the joint account - so the paper trail exists)
Gift the shares to your wife, or 50%/50% them in a joint.
Hargreaves Lansdown did this for me np, as I intend selling alot pre April to prevent Sunak grabbing it next year, so my wifes none earning & allowances are a decent tax planning move.
Cheers.
Other advantages are, im a hell of alot de-stressed thanks to no longer being 100% in EUA & I can take advantage of EUA low prices - whats not to love.
(In other news OMI (Gold for those old farts who carn't even spit out the word BBBIIITTCCOOIINN) appears to be having a good couple of days - go me :)
I'm trying not to post here about ARB - but it is a fantastic ride, just remember to take your stake out fairly early so it becomes a free one & let the moon shot grab the rest imo.
Ive banged on about this since pre Christmas & yep the juicy/easy gains are gone - that said I leavea chunky stake in because:-
- Who knows were Bitcoin COULD end up.
- The yanks love Crypto miners more than the Brits (as proved by Mara, Riot etc..) but they need NASDAQ listing & not crappy London (who frankly hate the Bitty, but in doing so have left a golden re-rate opportunity left on the table for any to find in ARB), well the latest catalyst is once the ARBKF (US moniker for ARB) price breaches $2 for 5 striaght days the last hurdle for NASDAQ listing is overcome - & then ARB re-rate to values more akin to MARA/RIOT whether you like it or not.
- ARB are a wonderfully open business with its shareholders about its operations (something other crypto miners are not) & tbh as an EUA shareholder it feels like a breath of fresh air.
In summary prices are high compared with pre Christmas, they are however not a spike (as long as Bitcoin isnt considered a spike), compared with MARA/RIOT they are cheap.
Anyway any profits I make their are sliced back to EUA as needed, so I am a full supporter of both companies.
Every question you have posed has a negative spin, we have answered all in good faith, but im afraid there is a limit.
Now before you try & drag this thread into a flame bait fest (the next option of a de-ramper when called out) ill say goodbye :)
I dont believe ARB value FIAT, in fact there business model is against it - therefore why have FIAT in a bank account not earning interest.
ARB buying crypto is more in keeping with there ethos vs Tesla buying crypto, therefore ive no issue with it.
Highly unlikely, Bitcoin mining rigs are in shorter supply (than Palladium) atm, even established players (ARB/RIOT/MARA) are stuggling to get their hands on such equipment - some johnny come lately Alexie would be at the back of the queue.
Sounds like 2+2 = 5 imo ie...rubbish.
Also Alexie CV is hardly a Bitcoin (eqv) miner startup man's CV - (in fact he is mainly just a tur*d who sells his gifted shares without informing the BOD that gave them to him - but dont get me started on that crock of sh*it all over again)
Yep they could, but that still gives more barter power to the buyers.
Lets say all the bidders have put their low bids in first (& why wouldn't they its how all auctions work) then we maybe lower our price ceiling (given they are only in competition with each other once over the threshold the BOD are willing to sell at) always best to keep the buyers in the dark (top priority vs shareholder stress relief) as you never know from the first offer who the most desparate buyer really is - they will only show there hand as the process moves forward, hopefully their nerves are more shredded (than the shareholders) by the process & throw in a huge chunk to quash the competition at some stage (this maybe the killer bid - but this is also where the BOD may really begin the negociation vs the fluff at the start.
Smoke & mirrors isn't just wearing our nerves its aimed squarely at the buyers.