Sell before dividend then watch it drop like a brick then buy back when it levels out then watch it climb and repeat this every 6 months.
Yes miss out on franking credits but look at the last drop. Went from over $26 a share to just below $14 a share and on the climb again.
That is a $12 drop. The previous divvy it dropped about $10.
Stocks that do smaller divies or no divies keep on rising like PLS and AKE(former ORE).
Each to their own madness.
Happy new year folks.
a question of free accumulation, page-7
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Last
$22.00 |
Change
0.410(1.90%) |
Mkt cap ! $67.73B | |||
| Open | High | Low | Value | Volume |
| $21.93 | $22.09 | $21.58 | $138.1M | 6.316M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9247 | $21.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.00 | 3521 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |