Sold IFAST & Ausnet Services

On 14th of June 2018, sold all my 6,000 shares of IFAST at $1.05 per share and 9,000 shares of Ausnet Services at $1.56 per share & another 1000 shares at $1.52 each.

For IFAST, made about 17%+ gain since last bought at end of March 2018.

As for Ausnet Services, the gain could have been more higher if I had sold immediately when the news of delisting in SGX is out. However a good lesson learnt is I did not take into calculation of the bulk sale of share listed in SGX could prompt investors to lock in their profits before the bulk sale of shares commences & the quick price retracement from  $1.7+  to $1.6+ had signaled the warning which I failed to take it seriously.

For many years, Ausnet Services had been providing me with steady decent dividends and is time to say goodbye & I will search for another stock to replace it or I will just use it as a trading fund for quick gains(ah,my bad old habits came bk again).

One more lesson learnt is that we need a experienced  broker who can give advice when times arise.






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