I don't know why you guys arguing on this. It's so simple. A company pay $100 + 0 franking credit is exactly the same as a company $70 + $30 franking credit. In fact i would say $100 without franking credit is better because your cashflow is better, you can earn interest on the $30 franking. So I agree with@Krugerrand they makes no difference. When you calculate yield, you calculate on gross up anyway. If you are on 0% tax bracket, you get ATO refund, if your tax bracket is higher than 30% or whatever the franking portion is, you pay the difference between your tax bracket & the franking rate.
I don't know why you guys arguing on this. It's so simple. A...
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Last
$2.20 |
Change
0.050(2.33%) |
Mkt cap ! $781.5M | |||
| Open | High | Low | Value | Volume |
| $2.16 | $2.20 | $2.15 | $536.7K | 246.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18771 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 219 | 1 |
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| Last trade - 15.59pm 03/05/2024 (20 minute delay) ? |
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Last
$2.19 |
Change
0.050 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| $2.16 | $2.19 | $2.16 | 18809 | ||
| Last updated 15.35pm 03/05/2024 ? | |||||
| WGB (ASX) Chart |