MNS 0.00% 4.2¢ magnis energy technologies ltd

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  1. 5,762 Posts.
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    'Im well aware that high spec stocks dont make or pay dividends, however companies that will pay dividends and currently dont are the ones we all want to be invested in"

    Not at all. If Magnis became profitable, why would I want to pay tax on a dividend? If the Company chooses not to pay a dividend I will enjoy a higher SP with the knowledge that the Company has cash in bank. If I decide to sell as I have held for over a year I will only get taxed on 50% of my gain. That statement is ridiculous.
 
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