One issue with this approach is PL8 plans to be a high dividend return with monthly distributions similar to HVST. If you look at the track record of HVST, the share price has come done from the original listing price. Obviously a different time frame but large regular dividends will take their toll on the capital growth. I do hope you strategy works, time will tell.
IPO - Plato Income Maximisesr Ltd, page-6
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Last
$1.23 |
Change
-0.005(0.41%) |
Mkt cap ! $920.8M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.24 | $1.23 | $664.4K | 541.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 237067 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 45153 | 3 |
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| Last trade - 16.10pm 28/11/2024 (20 minute delay) ? |
| PL8 (ASX) Chart |
