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^ that's pretty much any car at the moment.
Some 4WDs are 18+ months.

Not a good time to have a car written off.
 
33kft said:
Don't expect much will change in the short term, supply chain shortages mean people are ordering for 9-12 months into the future at this point.
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While things are tough currently I do think this is another incentive to go green and eventually the market will respond. Depends if you have a short or medium term view really.
 
Overnight futures would indicate another rough day on our markets today. It will be interesting to see if resources continue to buck the overall trend. Yesterday's list of new 52 week highs was almost exclusively made up of resources stocks/ETFs.
 
jrfsp said:
Odds of breaking the 2008 record oil price looking good.

Its also one of the major commodities to affect consumer sentiment and spending.

Might be interesting to watch electric car sales.....
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VW have announced they are suspending the production of most of their hybrid models due to supply chain problems so I don't expect a huge change in any vehicle sales other than a drop in numbers.
 
Dr Ralph said:
Link was working when I posted it.

All you need to do is search for "Sydney Airport Scheme Booklet". Was issued at the end of last year.
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This deals with the sale value, I think what the OP may be after is the cost base of shares acquired as part of the MQG divestment. From my reading of the tax ruling this would be the market value at the time of divestment, i.e. $3.73

Cost base and reduced cost base of the SYD Securities

67. The first element of the cost base and reduced cost base of the units in SAT1 and the first element of the cost base and reduced cost base of the shares in SAL which comprise a SYD stapled security, are their market value (subsection 112-20(1), section 110-25 and section 110-55).

68. The market value of a SYD stapled security must be apportioned between the units in SAT1 and shares in SAL on a reasonable basis. The Commissioner accepts that it is reasonable to have regard to the net asset values of SAT 1 and SAL at the end of the month during which the Distribution was made.

69. The units in the SAT1 and shares in SAL were acquired by MGL shareholders on the Distribution Date (ie 13 January 2014). This is the time when MGL stopped being the owner of the units in SAT 1 and shares in SAL (item A1 (case 1) of the table in subsection 109-5(2)).
 
burmans said:
This deals with the sale value, I think what the OP may be after is the cost base of shares acquired as part of the MQG divestment. From my reading of the tax ruling this would be the market value at the time of divestment, i.e. $3.73

Cost base and reduced cost base of the SYD Securities

67. The first element of the cost base and reduced cost base of the units in SAT1 and the first element of the cost base and reduced cost base of the shares in SAL which comprise a SYD stapled security, are their market value (subsection 112-20(1), section 110-25 and section 110-55).

68. The market value of a SYD stapled security must be apportioned between the units in SAT1 and shares in SAL on a reasonable basis. The Commissioner accepts that it is reasonable to have regard to the net asset values of SAT 1 and SAL at the end of the month during which the Distribution was made.

69. The units in the SAT1 and shares in SAL were acquired by MGL shareholders on the Distribution Date (ie 13 January 2014). This is the time when MGL stopped being the owner of the units in SAT 1 and shares in SAL (item A1 (case 1) of the table in subsection 109-5(2)).
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Thanks
 
May I ask a noob question regarding "limit" buy orders? Great, thanks.

If I place an order overnight offering the closing price as the limit, why doesn't the order get filled immediately upon market opening?
 
Happy Dude said:
May I ask a noob question regarding "limit" buy orders? Great, thanks.

If I place an order overnight offering the closing price as the limit, why doesn't the order get filled immediately upon market opening?
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Because market opening price is not necessarily the same as closing price. The sell orders which enabled that price may have been fulfilled or removed.
 
In my understanding, the limit is the highest price you are willing to buy.

Since its the highest you are willing to buy, then you will only buy shares at or lower that that price.

During a close period, buy and sell orders that expire that day are removed and people can update their order (price, number of shares, etc) or delete their order and put in a new order.

At the open, there is a balancing that takes effect on the first in the morning order so that a group of buyers and sellers of the same number of shares in total buy at the opening price. The balancing would have included some buyers willing to pay higher than the open price and some seller willing to sell lower than the open price.

The opening price can be higher or lower than the previous day's close and your limit price. If lower, then you "saved" some money. If higher, you have not yet purchased.
 

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