factor in tax and it’s not a good strategy at all as your so called free shares and or profit will be greatly eroded.
best is to buy and accumulate without selling.
or take the dividend as cash and stock pile those funds for when the price pulls back.
but even that strategy requires you to be following the price regularly. So won’t work for all.
if you are strongly behind fmg and what the future holds. Buy-accumulate-drp and hold long term.
im sure you will come out pretty well with that strategy.
a question of free accumulation, page-2
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Last
$19.09 |
Change
-0.130(0.68%) |
Mkt cap ! $58.77B | |||
| Open | High | Low | Value | Volume |
| $19.19 | $19.37 | $19.04 | $94.37M | 4.916M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59011 | $19.09 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.10 | 2000 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |