Whether you sell at now or take a payout unfranked it is still subject to tax at your marginal rate. But if you read the ann it talks about a Return of Captial, not a dividend. Regardless, for 90% of us there is no real profit and will be no tax burden. Thats why it's trading at 12.5c because it's worth at least 12.6c plus residual value (whatever that is). A small profit margin maybe, but if you have 42m shares (and climbing) it is worth a bit.
Whether you sell at now or take a payout unfranked it is still...
Add CE1 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
12.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.71M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.8¢ | 12.5¢ | $55.41K | 434.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 18420971 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.0¢ | 15096225 | 34 |
View Market Depth
| Last trade - 10.05am 02/05/2024 (20 minute delay) ? |
| CE1 (ASX) Chart |