WGB 1.82% $2.24 wam global limited

Maybe.But it would not exactly be a startling outcome for a...

  1. 60 Posts.
    lightbulb Created with Sketch. 16
    Maybe.

    But it would not exactly be a startling outcome for a company investing internationally to not always pay tax in Australia, which is necessary to offer franking credits.

    To offer full franking, WGB would need some combination of paying Australian tax on dividends from foreign companies (which will not offer franking credits, unless they pay tax in Australia) and regularly selling holdings (or parts of holdings) at a profit and pay tax in Australia on that profit.

    Selling all or part of some holdings (such as companies with significant potential for growth moving forward) will not always be worth it just for franking credits.
    Last edited by grumpy771: 21/02/23
 
watchlist Created with Sketch. Add WGB (ASX) to my watchlist
(20min delay)
Last
$2.24
Change
0.040(1.82%)
Mkt cap ! $795.7M
Open High Low Value Volume
$2.20 $2.25 $2.20 $452.3K 203.9K

Buyers (Bids)

No. Vol. Price($)
4 55925 $2.21
 

Sellers (Offers)

Price($) Vol. No.
$2.24 2291 1
View Market Depth
Last trade - 16.10pm 03/07/2024 (20 minute delay) ?
WGB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.