A Hypothetical on CBA Buy-back
Hi James, Has there been a cut out date for the buyback of CBA shares. My thoughts were to buy 3000 to 4000 shares on Monday, enter the buy back, then to sell them back to the CBA picking up when I do my tax for the superfund in pension stage at financial years end ,the franking credit bringing overall $14.00 per share profit. I have read your anticipated outcome , your thoughts please. I understand that any advice or thoughts you give are of a general nature etc etc. Denis