HLO 0.53% $1.90 helloworld travel limited

Can anyone explain the logic / benefit of selling down stock...

  1. 222 Posts.
    lightbulb Created with Sketch. 13
    Can anyone explain the logic / benefit of selling down stock just before qualifying for a fully franked dividend?
 
watchlist Created with Sketch. Add HLO (ASX) to my watchlist
(20min delay)
Last
$1.90
Change
0.010(0.53%)
Mkt cap ! $308.5M
Open High Low Value Volume
$1.88 $1.90 $1.86 $133.3K 71.03K

Buyers (Bids)

No. Vol. Price($)
4 1987 $1.90
 

Sellers (Offers)

Price($) Vol. No.
$1.90 16108 4
View Market Depth
Last trade - 11.07am 11/11/2024 (20 minute delay) ?
HLO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.