I have a theory. With the $3M + super changes with a 15% tax on unrealised gains (in 2025 if Labor wins and it passes the Senate unchanged), 30% franked dividend shares with growth are going to be very attractive for the 80,000 funds with more that $3M. Gut feeling is some HNW's have twigged and are building a position in FID. I'm certainly going to buy more on any weakness as a strategic defense. Reason is tax on unrealised gains means you don't have the cash from selling but the franking credits can be set against the tax on the unrealised gains.
I have a theory. With the $3M + super changes with a 15% tax on...
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Last
$7.67 |
Change
0.170(2.27%) |
Mkt cap ! $241.4M | |||
| Open | High | Low | Value | Volume |
| $7.42 | $7.81 | $7.42 | $136.5K | 17.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 730 | $7.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.89 | 300 | 1 |
View Market Depth
| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$7.68 |
Change
0.170 ( 1.30 %) |
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| Open | High | Low | Volume | ||
| $7.50 | $7.81 | $7.43 | 4857 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| FID (ASX) Chart |