Post by
shneps on Dec 08, 2020 4:34pm
Flow Through Shares?
I see posters on CEO.ca concerned about FT shares hitting the market and further pushing down the shareprice.
Why would you be concerned about 10c FT shares hitting the market when the stock price is 7c.
I suppose if somebody wanted to sell 10c shares for 7c as a tax loss selling premise, so be it, but that would be the most asinine means of investing ever.
I believe a smarter thing would be to buy shares now and sell before the shareprice hits 10.5c. (This being the lowest price you can make a profit of your FT's)
Cheers
Comment by
givemeabreak1 on Dec 10, 2020 10:35pm
shneps Before you make stupid statements take time to understand how flow through shares work!
Comment by
givemeabreak1 on Dec 10, 2020 10:44pm
shneps Little hint! There is not one price! FT are based on Province and based on your Taxable Income Bracket! For a high worth investor in a Quebec property for example break even on a 10 cent flow through is less than 5 cents!
Comment by
givemeabreak1 on Dec 10, 2020 10:47pm
https://mern.gouv.qc.ca/wp-content/uploads/Seuil_ang.pdf
Comment by
givemeabreak1 on Dec 13, 2020 10:30am
schneps While I may have been a little abrupt with you please read your post carefully! You were call the person on the other board an Azz without knowing what you are talking about one would think of apologizing not scape goating me!