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Any body trade Australian shares - Qantas?

Any body trade Australian shares - Qantas?

I bought around 28000 shares@AUD2.95 around 1 month ago. Now it is being traded at
AUD3.52. It rises suddenly 2 days before its announcement of profit (which dropped 30%).
Sound strange to me. It'll give 1/2 year dividend of AUD0.11 by 30-Aug. It's abt 19% gain
in 1 month!

Anybody trade the AU share before? Should I take profit?

TOP

This share usually is being traded fm $2.X to $4.X range for years. But it rises too rapidly
within 1 month regardless of its profit is dropping 30% in last yr. So I have an impulse to
sell it for quick profit.

TOP

I am a citizen of AU. By claiming I am a non-resident (taxationally speaking, which I don't spend
more than 6 months in AU), I don't need to pay for any of the capital gain tax nor franked dividend.
Or, even the AU broker doesn't have my tax file number as my mailing address is in HK.

So, I am free to trade any of the AU shares, without worrying abt the heavy tax.

I don't worry much for the operation of QAN, but only the oil price. If oil raises to US$ 80 or US$ 100
per barrel, the additional freight oil surcharge should not be able to compensation the cost.

So on the opposite side, I also buy Woodside Petroleum (WPL).

TOP

Thks!

TOP

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