So we heard that a big percentage of BHP and RIO is foreign owned,right?
Dividends likely to be reduced because of super tax ,right?
So super funds can expect less in dividends ,right?
But Australian investors benefit from imputation tax credits ,which does not apply to foriegn owned shares,right?
How much money is invested in the miners by our big superfunds ?
Is it time that these funds invest more money in the likes of BHP/RIO and lets not forget FMG .
How much money was invested in FMG by the Australian institutions in the first place ?
The super tax is a means of discouraging foriegn investment .It is a good opportunity for our big funds to invest here first . Keep the super profits in Australia and hope that Tax would balance the needs for the country to prosper.
Look at the course of trade.FMG was hammered like all other miners.who was selling ?Who was buying on the cheap.
Maybe, and one hopes that our superfunds took the opportunity and invested heavy in FMG at the cost of the small smsf guys .
I ll be worried and panic when Twiggy decides to sell his shares .till then ,be patient.
IMHO
- Forums
- ASX - By Stock
- FMG
- method in the madness ?
method in the madness ?
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$20.35 |
Change
0.590(2.99%) |
Mkt cap ! $62.65B |
Open | High | Low | Value | Volume |
$19.91 | $20.50 | $19.90 | $172.3M | 8.500M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 7799 | $20.33 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$20.36 | 1175 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 7799 | 20.330 |
1 | 11297 | 20.320 |
1 | 10141 | 20.310 |
9 | 16148 | 20.300 |
1 | 18422 | 20.270 |
Price($) | Vol. | No. |
---|---|---|
20.360 | 1175 | 2 |
20.380 | 27438 | 1 |
20.390 | 2000 | 1 |
20.400 | 7549 | 5 |
20.410 | 170 | 2 |
Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |