PPRuNe Forums - View Single Post - QF shares hit $2.00, discuss
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Old 2nd Apr 2015, 00:04
  #678 (permalink)  
Keg

Nunc est bibendum
 
Join Date: Apr 1999
Location: Sydney, Australia
Posts: 5,583
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Lightbulb

I have 521 QF shares that were gifted to me at various stages. I did sell out much of the early tranche when they were about $5 and was hopeful that I'd be done with them until they gave me a few more and I had some extras from the DRP.

The 'cost' value of them is $2108.08. They're currently worth (as at 20 minutes ago anyway) $1693.25. That shows a decline of nearly 20%.

Either way the point is academic. If you got in at $1 you've made a killing. Many didn't. The shares gifted have hardly been outstanding earners and certainly not when you compare them to the CBA shares my mother in law was gifted when they went private years ago!
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