zzg I'll talk to you if no one else is interested or awake.Could...

zzg I'll talk to you if no one else is interested or awake.
Could be only a few of us HC posters hold tts as they are usually tightly held by originals from the float eg. funds, instos, mums and dads, but tts sp has fallen steadily this last month or more, so opportunities have been there to grab a few for the franked divs you mentioned.
Regards the holding rules for franking credits, I thought you needed to have in excess of $5000 in franking credits in a financial year before the selling before 45 days rule applied?
Meaning to me that yes you void all the frank' credits for that year for that co. shares you held less than 45 days over that co's record date to payment period, but only if you exceeded $5000 in total franking credits?
I suppose then if I'm right about the rule then you're saying you accrue more than $5k worth of credits annually for it to be a concern for you; which I suppose is quite achievable for retirees with utility stocks like telstra and the banks and even tts for that matter that return in excess of 5% in divs.