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Recent Questions & Answers

CQG Option Shares

Hi,

I purchased some CQG’s IPO shares in June. As part of the IPO I was issued some options shares (CQGO). Can you tell me what is the unit cost of the options? Is this a put or a call option upon expiry?

Thank you.

Regards

 


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Lithium

Hi,

Lithium seems to be the new black – with massive uptake in renewable/battery projects (http://www.australian-lithium.com/). Is there already or going to be a rush/boom in Australia on this or is it just ‘business as usual’/too late/not significant?

What are options to get exposure – directly (e.g. miners and which ones have concentration) and indirectly (e.g. related activities such as drilling contractors)?

What are the risks (e.g. other countries with bigger lower cost reserves)?

Thanks and keep up the great work!


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Santos and S32

Hi,

I see your comment about “S32 simply having too much cash” and wonder if you think that means that they will return some to shareholders or make a purchase? We are well in profit on our S32 holding and I’ve been seeing a lot of commentary about them being overvalued. We are well down on our Santos holding – but there prospects going forward look good.

I was thinking I would sell all our S32 holding and put some more into STO to average our price down, but now I am not sure.

Can you give me your opinion please? They are both in our SMSF which is primarily in pension mode.

Many thanks


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Retirement and Conditions of Release

Further to Gary Chau’s article on APRA guidance on retirement, I am aged 54 (preservation age 59) and am now officially retired from paid employment (living off investments outside super).

When I reach my preservation age in 5 years time, will I meet the Limb 1 retirement condition of release, or do I need to find another job at the time and then “retire” again to meet the condition?

Might be a silly question, however there seems to be no time limit specified between someone formally ceasing work and accessing super.

 


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Centuria Industrial Share Purchase Plan

I have received a shareholder offer for up to $15000 units in Centuria Industrial (CIP) at a price of $2.45. This offer closes Wednesday 9 August. Currently the price is $2.45, so the offer you are saving on brokerage and the forecast yield is 8.4% paid quarterly.

I bought them as TIX @average $2.00

Are they still a buy at this price?

 


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