YW dgb. Re the tax and SMSF, all I meant by that is, franking...

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cmonaussie

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11/05/23

20:06

Post #: 67730847
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Originally posted by dgb99.94: ↑

Thanks for your frank answer. I have a lot to think about. Hopefully for me an Australian ASX listed comes up with a better merge proposal ( At this stage I am thinking voting No , but don't want a takeover ) I don't understand why you say it isn't an issue with your tax in the SMSF? The dividend's ( franking credits) I receive in my SMSF are a great benefit dollar wise accumulating at years end. I have about a third of my AKE in SMSF and can sell them at a 10% loss and buy other performers I have penciled ( I will probably do that if it goes through to keep my future dividend income stream for retirement) in but in my regular account especially next year I would be paying a lot of CG. Anyway it's a good problem to have after all these years of disappointment. I hope everyone enjoys as much of the gains that they can.

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YW dgb. Re the tax and SMSF, all I meant by that is, franking credits are not the main reason for me to invest or not invest in a particular stock. So for PLS for example it was a bonus to receive a dividend but capital appreciation (age old argument of growth v income) is what I'm after. I can always choose to "self pay" a dividend by selling some shares to generate income. While I am retired my SMSF is not in pension phase.

I'm in agmt with Jimi ... if you want dividends and reasonable growth PLS fits that. IMO higher growth is in store for AKE and LTHM and higher "value" growth is ahead for the combined company. There are lots of opinions on that.

AKE Price at posting: $14.94 Sentiment: Buy Disclosure: Held
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