to sell or not to sell , page-12

Sorry guys, 1 other thing to consider for all those extra new shareholders is the 45 day holding rule to claim franking credits.

If your total franking credits for the year are over $5000, you need to hold the shares for at least 45 days to claim the credits - otherwise you only pay tax on the net dividend and are not entitled to the credits.

Also, anyone holding in a SMSF, Company or trust - the $5000 minimum doesnt apply to you.