Good News & Bad News, page-34996

What’s with the hostility? The Board doesn’t have to accept anything, nor do shareholders, but if the price is driven down in a crap market, an offer of 30 or 40% above the current price may well sway enough people including the Board to recommend the offer. I certainly don’t want that to be the case, but it wouldn’t be the first time a company is targeted by opportunistic buyers.

as for the tax bill, I can assure you that the ATO does not wait until the end of the year to collect their tax. They are called installments for a reason. And if you want evidence of that you should read the presentation/ report (which I mentioned) which clearly says $116m income tax paid!!! which is most certainly for FY23. And if you really want further evidence, they could not have paid a franked dividend without paying the tax first. Make sure you actually know what you’re talking about before if you’re gonna come out of the gates like that