sideliner - Thanks for an interesting exercise for us to watch unfold. The exercise works some years, but not all and so far hasn't this time.
By my reckoning if sold pre ex-div at top $1.77 and repurchased at $ 1.67, difference = 10 cents.
Div = 4.65 cents
Frank = 1.99
CGT = 3.45 (for me )
-------
= 10.09 cents
About square not including brokerage. I think I have done right figures.
Thanks for the post to create interest.
Riv
Is anyone happy with BKI?, page-24
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