WPG 0.00% 1.5¢ wpg resources ltd

1650, page-3

  1. 2,512 Posts.
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    Last bit I hope.

    Was going to buy some for my SMSF until I read this about the 45 days rule:

    "What this means is that a SMSF must adhere to the 45-day rule regardless of how small the franking credits amount is, if the SMSF wishes to take advantage of the franking credit. You must hold a company�s shares for at least 45 days excluding the day of purchase and the day of sale, to be entitled to franking credits. The 45-day rule does not apply to individuals whose total franking credit entitlement for a financial year is below $5000."

    http://www.superguide.com.au/diy-superannuation/smsf-investment-franked-dividends-and-the-45-day-rule

    Left it too late as the shares go ex div and ex capital return on the 10th October.
 
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