Labor's franking refund policy would have to be passed by the Senate - 8 out of 10 independents in the Senate committed to blocking the bill.
LITs can adopt the so called Magellan's approach to stream stable distributions with amounts advertised a year in advance - read MGG PDS for details.
I'm ready with some spare cash to see if any bargains emerge as weak hands overreact to Labor's win and rebalance before end of June.
Is it the end of the Listed Investment Company?, page-3
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Last
$1.51 |
Change
0.015(1.01%) |
Mkt cap ! $1.666B | |||
| Open | High | Low | Value | Volume |
| $1.50 | $1.51 | $1.49 | $1.302M | 872.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16670 | $1.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 18409 | 2 |
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| Last trade - 16.10pm 25/04/2024 (20 minute delay) ? |
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Last
$1.50 |
Change
0.015 ( 0.51 %) |
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| Open | High | Low | Volume | ||
| $1.50 | $1.51 | $1.49 | 531376 | ||
| Last updated 15.59pm 25/04/2024 ? | |||||
| WAM (ASX) Chart |