Spandexman
In my opinion it's a no brainer owned in superfund with 59.0% gain, dividend income with 100% franking credits and 20 years to go to retirement
Tax on earnings of fund 15%, franking credits 30%, tax effective investment with more upside in dividend income to come
If you sell now fund pays capital gains tax on 67% of the net gain
Why sell?
Term deposits pay 2.50% with no tax credits?
FMG sp has more upside to come, you are not trading the stock so hold on, even if sp has short term volatility.
Potential dividend income going forward will increase
My opinion only
$7 by Christmas is a doddle!, page-89
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Last
$18.27 |
Change
-0.290(1.56%) |
Mkt cap ! $56.25B | |||
| Open | High | Low | Value | Volume |
| $18.70 | $18.72 | $18.21 | $313.4M | 17.09M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45418 | $18.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.30 | 1200 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |