I understand the stock will drop by the dividend amount, possibly more. You put up the graph to show that. The graph also shows a rapid recovery within a couple of months, and I will be holding on for that. I need to hold for 43 days to retain my franking credits anyway. I will sell 11000 TLS today, dividend there locked in, and hopefully get 2000 FMG around $20.50, 50c down from yesterday. And in seven weeks time I will see where the shares are, I may hold as TLS is not exactly exciting.
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$18.69 |
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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10 | 4578 | 18.710 |
16 | 11181 | 18.700 |
12 | 6342 | 18.690 |
16 | 16917 | 18.680 |
Price($) | Vol. | No. |
---|---|---|
18.730 | 477 | 4 |
18.740 | 5233 | 13 |
18.750 | 6784 | 12 |
18.760 | 5780 | 13 |
18.770 | 11657 | 13 |
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