Agree, I purchased more shares yesterday at a slightly lower price than at the close of the day,
A portion of my portfolio is dedicated to defensive earnings counting on franking credits, adding up the two dividends for the year
6.6c +4.1c =10.7c, If we add the frankings the sum is around the 15c PS, with an Average purchase under $1.80 my yield
is somehow okay at 8%.
As you pointed out there is hope that SP will go up as conditions improve over time.
SP is near its bottom and I prefer to add shares to my portfolio at these low levels.
Even defensive can be a Risky business
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$1.38 |
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Open | High | Low | Value | Volume |
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25 | 10571 | $1.38 |
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Price($) | Vol. | No. |
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19 | 26620 | 1.370 |
9 | 7049 | 1.365 |
11 | 59414 | 1.360 |
1 | 2000 | 1.355 |
Price($) | Vol. | No. |
---|---|---|
1.380 | 662 | 2 |
1.385 | 12291 | 9 |
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