I'm a self-funded retiree. Shares purchased via my SMSF attract no capital gains.
We're heading towards ex-dividend.
At the same time our 4 huge short lenders are engineering the share price up to (say $5.75) before commencing the next major short cycle.
So I plan to sell some shares at $5.75.
When PLS goes ex-div the share price will drop say 20 cents.
As soon as ex-div expires and I can repurchase I'll re-buy the shares I sold at $5.75 plus reinvestment of the promised dividend amount.
When PLS pays their new dividend there will be a tsunami of share holders wanting to reinvest and the share price will climb, possibly to new all-time highs.
It's not rocket medicine.
I'm a self-funded retiree. Shares purchased via my SMSF attract...
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Last
$2.85 |
Change
0.000(0.00%) |
Mkt cap ! $8.579B | |||
| Open | High | Low | Value | Volume |
| $2.91 | $2.95 | $2.84 | $47.90M | 16.60M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 187031 | $2.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.85 | 401638 | 11 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |