Biggest risk for me local is political risk around franking. You just know Labor would like to attack it again if they could.
Other than that, so many of our companies do provide that international exposure….BHP, CSL, TCL, JHX, REH, RMD, COH etc, etc. We just think of them as ‘local’ companies, but they’re far more than that. And that weight of superannuation money is going to benefit these locally listed companies, far more than those domiciled overseas.
But you’re right, having some exposure to overseas listed stocks is sensible.
Biggest risk for me local is political risk around franking. You...
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Last
$1.52 |
Change
-0.005(0.33%) |
Mkt cap ! $1.692B | |||
| Open | High | Low | Value | Volume |
| $1.52 | $1.53 | $1.52 | $628.2K | 412.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 34709 | $1.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.53 | 30000 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| WAM (ASX) Chart |