JRL 11.8% $3.13 jindalee resources limited

stock advice

  1. 131 Posts.
    Hey,
    I'm recently getting more interested and involved in the share market and would like to buy into a company sometime soon. I only have about 2000 to buy into a company and i have a few options in mind. Either i put all 2000 into a blue chip company like woolworths, csr or qbh - however i wanted to be a little bit more aggressive and attempt to put 2000 into a company jrl. They have recently announced that they will pay out 55cents per dividend at the end of july. My plan is to maybe buy 2000 worth of JRL stocks and receive their dividend and sell their stocks straight after, knowing that their share price will drop substantially i will make a capital loss in the transaction buy overall i should be a up a few hundred dollars.
    Can someone tell me if this is a wise idea?
    thanks!
 
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Currently unlisted public company.

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