Hi miningnut,
You are against an unfranked dividend.
MGX is my company. I own a share of MGX. Either I pay tax at the company level or I pay tax as a shareholder . . . either way, if I receive a dividend tax is paid.
What is the difference if I pay tax at the company level or pay tax as a shareholder ? (excluding special circumstances such as SMSF, low income earner or foreign investor).
If I get money in my hand, either I or my company will pay tax.
The sum total is the same.
Am I missing something ?
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MGX
mount gibson iron limited
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38.5¢

Iron ore price, page-149
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Last
38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $454.4M |
Open | High | Low | Value | Volume |
38.5¢ | 39.0¢ | 38.0¢ | $708.8K | 1.836M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 288775 | 38.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 587578 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 288775 | 0.380 |
1 | 89103 | 0.375 |
1 | 2700 | 0.370 |
1 | 20000 | 0.365 |
5 | 197788 | 0.360 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 587578 | 9 |
0.395 | 399757 | 8 |
0.400 | 176380 | 15 |
0.405 | 94539 | 3 |
0.410 | 97742 | 3 |
Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
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