Also, if it were to happen, wouldn't it mean that franked income producing assets become more popular?
If I'm going to pay 47% tax either way, surely an income where 30% of that tax is pre-paid becomes preferential (obviously as it is currently, if the option is 23.5% vs 30% the decision is reversed).
I know it is never that simple as one vs the other - but it could have some positives for FMG if it were to go ahead.
Iron ore price, page-30621
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$22.41 |
Change
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Mkt cap ! $68.99B | |||
| Open | High | Low | Value | Volume |
| $22.36 | $22.61 | $22.30 | $82.59M | 3.681M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $22.40 |
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| Price($) | Vol. | No. |
|---|---|---|
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