Was it being bid up due to everyone’s belief of Labour election landslide and subsequent lose of franking credit refunds?
Less dividend income means greater reliance on capital appreciation especially retirees, and BSL showing value (a number of investment houses were calling 30 - 40% undervalued) and paying a minimal divi offered a likely place to park investment cash.
No longer an issue and the income investor can now rush back to their trusty divi paying shares.
Was it being bid up due to everyone’s belief of Labour election...
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Last
$21.81 |
Change
-0.220(1.00%) |
Mkt cap ! $9.577B | |||
| Open | High | Low | Value | Volume |
| $21.74 | $21.93 | $21.65 | $16.52M | 758.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1029 | $21.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.81 | 1265 | 1 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| BSL (ASX) Chart |