There's over 1 million people that derive an income from franking credits.
If you think that it won't effect blue-chip shares that pay strong dividends like FMG youre dreaming.
Some of the money will move into stocks with better SP growth potential or offshore
The money that moves into stocks with SP growth potential will create new trends that others in the market will in turn follow.
Money that exits stocks in which people rely mostly on dividends like Telstra will also have an effect.
Its dangerous policy with lots of unknowns and should have been slowly adopted rather than what is being proposed
There's over 1 million people that derive an income from...
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Last
$18.49 |
Change
0.390(2.15%) |
Mkt cap ! $56.93B | |||
| Open | High | Low | Value | Volume |
| $18.32 | $18.62 | $17.94 | $159.1M | 8.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 150 | $18.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.50 | 4305 | 5 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| FMG (ASX) Chart |