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.
Sell before dividend then watch it drop like a brick then buy...
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Last
$16.66 |
Change
0.360(2.21%) |
Mkt cap ! $51.29B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.74 | $16.31 | $150.0M | 9.072M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $16.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.67 | 40000 | 1 |
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| Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |