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.
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Last
$4.10 |
Change
0.090(2.24%) |
Mkt cap ! $12.33B |
Open | High | Low | Value | Volume |
$4.02 | $4.17 | $4.00 | $91.74M | 22.42M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12066 | $4.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.11 | 223809 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12066 | 4.100 |
11 | 75296 | 4.090 |
14 | 60642 | 4.080 |
7 | 388719 | 4.070 |
5 | 177371 | 4.060 |
Price($) | Vol. | No. |
---|---|---|
4.110 | 131970 | 8 |
4.120 | 158066 | 10 |
4.130 | 204429 | 8 |
4.140 | 138868 | 6 |
4.150 | 214389 | 17 |
Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$4.10 |
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Change
0.090 ( 2.33 %) |
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Open | High | Low | Volume | ||
$4.02 | $4.17 | $4.01 | 6329493 | ||
Last updated 15.59pm 17/05/2024 ? |
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