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Coles – Defensive Income

Coles Group remains under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio. 

The share price has rallied 6% over the past week and we now recommend selling covered call options to enhance the income return.

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COL goes ex-div $0.24 on the 28th of August.

Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
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