This is better than a divvy. Company outlays money, shares on issue are lowered so, in theory, the value of your shares goes up. You don't pay any tax until you sell because it's a cap gain not income. So you have more money earning a return and when you do sell you probably get a 50% CGT discount.
This is better than a divvy. Company outlays money, shares on...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $47.72M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 1.0¢ | $39.69K | 3.969M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 49 | 28905651 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 2281107 | 5 |
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| Last trade - 11.57am 09/10/2024 (20 minute delay) ? |
| BRK (ASX) Chart |