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It sounds a bit ridiculous when people buy small amounts of...

  1. AnneSid
    2,753 Posts.
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    24/04/24
    14:15
    Post #: 73498588
    It sounds a bit ridiculous when people buy small amounts of between 30 and 15000 shares for the dividend.

    With a franking credit of 0.017 how much profit are they going to make? The dividend they buy may give them a 1 or 1.5 cents. Why would anyone bother.
    LNK Price at posting: $2.25 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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