Good post ..... except : if there is a change of Federal Government, then franking will be stolen by the new Gov't from our future dividends ! (from next Fin Year onwards).
The Oppositions policy diminishes the wonderful investment strategy of accumulating Blue Chip shares (buying in dips) and re-investing Franked Income.
This impacts all of us who are trying to save to pay for our own Super, or invest for better days.
I would warn those who want to start accumulating WBC or other blue chips, for the long term (which I have been doing for the past 6 years), to consider what may happen to your returns, and keep some powder dry for 9 months or so to see what happens. The changes, if ratified, will impact your rate of return. Just saying... just something to think about.
DYOR & GLTH !
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Last
$33.16 |
Change
0.130(0.39%) |
Mkt cap ! $114.3B | |||
| Open | High | Low | Value | Volume |
| $33.11 | $33.23 | $32.94 | $159.2M | 4.803M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 12004 | $33.08 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.20 | 23789 | 11 |
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| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| WBC (ASX) Chart |