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)
Again this example misses the point as it's not comparing like...
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Last
$18.40 |
Change
0.200(1.10%) |
Mkt cap ! $56.65B | |||
| Open | High | Low | Value | Volume |
| $18.21 | $18.40 | $18.13 | $55.03M | 3.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3800 | $18.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.40 | 33682 | 15 |
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| Last trade - 16.10pm 23/12/2024 (20 minute delay) ? |
| FMG (ASX) Chart |
