General comments/chat, page-39906

divs are a possibility but as they will not carry franking credits I'd much prefer these to be put towards any expansion. the time will come when there is surplus revenue, nothing to spend it on, and no tax payable due to the carried forward losses (which will include depreciation of stage 1a 1b). At that point rather than paying us and us losing tax, id rather they instigate a share buy back. this means no tax and we all benefit through share reduction.

s32 is a classic example. global diversification means that they end up with a large pool of profit, of which only some is taxed in Aus. they distribute the taxed portion as dividends along with franking credits, and with the remaining profit where no credits are available they simply buy their own shares back.

excuse formatting and any typos. on phone