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GEAR - BetaShares Geared Australian Equities Complex ETF

The two before that were 195% and 284% so don't think there is an error there.

Maybe, but before these last three divs they were all below 100%


A quick and dirty way to check distribution history and franking is this site


I wouldn't totally trust the data as errors can happen but it does give a "feel" for if the current franking level of the latest distribution is a possibility.
 
I assume this is going to be punished more than the non-geared ETFs, but on the other hand offer up an outsized opportunity if you can pick the bottom and then soak up the possible dead cat and inevitable recovery.

On the shopping list, depending on how deep this tarif reaction goes.

 
I have 5 ladder buys open on the market but the nearest one is at 25..
Too pessimistic ?
I agree this would be the best way to catch a rebound
 
I have 5 ladder buys open on the market but the nearest one is at 25..
Too pessimistic ?
I agree this would be the best way to catch a rebound

25 entirely possible and long term would be an OK entry IMO.

Is this as big as the Covid crash? Probably not. Not sure what happened in 2022.

It's hard to tell what the second and third order effects of this are and how long it lasts. Maybe it's an overreaction, or this pushes some other skeletons out of the closet?

Would be nice to ride a recovery like that after Covid. 10 to 30 in two years. Nice.

 
am very tempted ( to buy some ) but hanging back a little to see if the Asian markets scare the ASX a little more first
 
Trouble is we are Friday with a full trading day for the US before our week end, and Fridays should be risk off..so a lot more can happen in the US...
Not even a matter of keeping cool or not, just sheer probabilities not good either way i thjnk
 
Trouble is we are Friday with a full trading day for the US before our week end, and Fridays should be risk off..so a lot more can happen in the US...
Not even a matter of keeping cool or not, just sheer probabilities not good either way i thjnk

Yeah, I normally don't buy things on Friday for the unknown factor unless there's an outstanding or obvious opportunity to the upside. Anything could happen tonight.
 
GEAR off 16%. This is going to an outstanding pick up for a longer term play soon.

Unless capitalism just ended.

 
Not yet @Sean K . At the Covid onset it dropped from $30 to $10.

It only just exceeded $30 again a few months ago. It was at $35 just recently. On those figures it may hit $15 .



gg
 
Not yet @Sean K . At the Covid onset it dropped from $30 to $10.

It only just exceeded $30 again a few months ago. It was at $35 just recently. On those figures it may hit $15 .

View attachment 196986

gg

Yes, will pay to be cautious here.

It's hard to know if the Trump Tariff Black Swan and flow on effects are going to be the sole cause of this crash, or if it exposes other skeletons within the system that will fall out of the closet and extend this into a much bigger and longer problem.
 
Gear has pulled back a bit. I'd say the big funds are buying but I doubt it will go much higher in fact it may go lower unless Trump renounces the tariffs. I had a buy order just above $24 but pulled it at 9.55 am.

A 5 day chart.



gg
 

Yeah, I think @peter2 picked the bottom nicely.

I'm waiting to see how many people have pants on when the tide goes fully out.
 
Yeah, I think @peter2 picked the bottom nicely.

Not really, as I also bought at 27.50 thinking (hoping) that was the bottom.

If it hits 20 this week I'll buy more. I'm hoping that by the EOY the XAO will be back at my predicted 8777.

Edit: I should mention that it all depends on the US market tonight. If it doesn't bounce then we're in for another drubbing tomorrow.
 

US Futures still off 5% so it could be ugly. Lots of talk of a 'Black Monday', which sounds self-fulfilling.
 
I don’t believe that you will regret that buy and you have an excellent plan. I put in a limit order yesterday at $24.28 but at 9.55 am I got the wind up and withdrew it.

Neither your nor my action was rationally better. Some elected not to consider investing today. Trump may pull back and the market may recover straightaway. It may fall further.

Who knows the future.

gg
 
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