ASX Shares Bank dividend reset dents big four optimism

Discussion in 'Shares & Funds' started by oracle, 27th Oct, 2019.

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  1. lamecrocs

    lamecrocs Well-Known Member

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    Awesome @dunno. For me, one day.... as long as I keep reading, following this forum and of course, be lucky :)

    Also in the context of WBC, isn't it unfair to all the other retail investors?
     
  2. SatayKing

    SatayKing Well-Known Member

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    Don't aim so low. Go for professional investor classification as per section 708(11) of the Corporations Act. :)
     
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  3. dunno

    dunno Well-Known Member

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    That's my view, I generally look unfavourably on any raising that is not done in proportion to current holdings.

    Sophisticated status is nothing to strive towards - Its basically dysfunctional as it currently operates. A loop hole to avoid retail protections and market junk to people with ego's but not judgement. The good placements very rarely filter down to actual allocations. I can't be bother registering anywhere anymore.
     
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  4. Nodrog

    Nodrog Well-Known Member

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    1. I’m so glad I no longer hold direct shares.
    2. In regard to placements I’m so glad I hold the large LICs.
    3. I just woke up from my afternoon nap:).
     
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