Yes of course. It was late and I saw that last sentence read as...

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etherazer

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14/06/18

13:00

Post #: 33708340
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Originally posted by madamswer ↑

There is however an upcoming semi-annual precise point in APA time, about a fortnight hence from memory, when you'll want to be holding as many as possible to garner cash inflows thence to further deploy at will.

Yes, that reinforces my argument to a tee: Which, recall, is that I prefer the prices of good-quality businesses to go down, not up (even if I own them). In APA's case, compared to last week, it now will cost me more to garner that cash inflow which is pending two weeks' hence.

"If funds want to collect that 24c distrib' then sell immediately into a bid/proposal rally, they'll need to have satisfied the ATO's 45 day[+2] rule by then or if they're buying today [17.3 million shares traded] they'll need to hold until 31st July."

I think you are confused.
The dividend can be collected even if the stock was held for way less than 45 days.
(A stock can be bought on the last cum-dividend day, and sold the very next day when it goes ex-dividend, and the dividend will still be collected.)

(I suspect you are conflating the 45 Day holding rule with being able to qualify for franking credits. But in the case of the upcoming dividend, it is unfranked, so the 45 Day rule is irrelevant.)
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Yes of course.
It was late and I saw that last sentence read as if I meant the divvy instead of the $5000 franking credits' limit which I'd failed to even mention. I tried to edit it quickly but annoyingly missed time limit then I checked the divvy ex-date and franking % and saw that the 28% I had stuck in my mind wasn't there; at least I recalled the date rightly.

APA Price at posting: $9.64 Sentiment: None Disclosure: Held
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Yes of course. It was late and I saw that last sentence read as...

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