Again this example misses the point as it's not comparing like for like.
Do the example again, but instead use $1 company income as your starting point and calculate franked vs unfranked from there.
Obviously you get same $ in your pocket, regardless of franking credit. This shows there's no permanent tax benefit (unless of course you have a marginal tax rate below 30% as pastperformer highlighted)
Iron ore price, page-36087
-
- There are more pages in this discussion • 18,589 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.50 |
Change
0.840(5.04%) |
Mkt cap ! $53.88B | |||
| Open | High | Low | Value | Volume |
| $16.89 | $17.74 | $16.84 | $346.2M | 19.88M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5870 | $17.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.50 | 12148 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| FMG (ASX) Chart |