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0.41%

$1.22 plato income maximiser limited.

An interesting experiment. I was considering doing this too for...

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fartpatrol69

370 Posts.

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15/02/22

10:33

Post #: 59575238
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Originally posted by AMoniker: ↑

I picked it as an experiment against holding cash. I am nowhere near retirement (early 30s) but have an offset account on part of my home loan and the yields on this are much higher than the variable rate from the bank, even when considering tax. Monthly dividends mean that I get a lot of the value back onto the offset. It is currently a tiny part of my portfolio (5%) and I am trickling more in occasionally. Given the yield of PL8 against the current SP, it seems pretty capped out and in my view the SP won't go far north of $1.2 unless the dividends are increasing. For me it's still better than money in the bank and even better now given that I bought below $1.0.

Not sure if this is a stupid strategy or not, so I am just dabbling for now.

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An interesting experiment. I was considering doing this too for similar reasons.

PL8 Price at posting: $1.17 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $1.22		Change -0.005(0.41%)		Mkt cap ! $909.5M

Open	High	Low	Value	Volume
$1.22	$1.22	$1.21	$228.6K	188.3K

Buyers (Bids)

No.	Vol.	Price($)
10	126483	$1.21

Sellers (Offers)

Price($)	Vol.	No.
$1.22	7753	3

View Market Depth

No.	Vol.	Price($)
10	126483	1.210
9	83541	1.205
20	307710	1.200
6	213500	1.195
11	125563	1.190

Price($)	Vol.	No.
1.215	7753	3
1.220	652369	16
1.225	123303	6
1.230	277710	10
1.235	17996	3

Last trade - 12.30pm 12/06/2024 (20 minute delay)


Last $1.22			Change -0.005 ( 0.00 %)
Open	High		Low	Volume
$1.22	$1.22		$1.21	113117
Last updated 12.57pm 12/06/2024 ?

PL8 (ASX) Chart