Sell before dividend then watch it drop like a brick then buy back when it levels out then watch it climb and repeat this every 6 months.
Yes miss out on franking credits but look at the last drop. Went from over $26 a share to just below $14 a share and on the climb again.
That is a $12 drop. The previous divvy it dropped about $10.
Stocks that do smaller divies or no divies keep on rising like PLS and AKE(former ORE).
Each to their own madness.
Happy new year folks.
a question of free accumulation, page-7
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Last
$19.09 |
Change
-0.130(0.68%) |
Mkt cap ! $58.77B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.37 | $19.04 | $94.37M | 4.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59011 | $19.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.10 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |