Ann: 2020 Annual Report to Shareholders, page-12

Based on amended shareholding, as pointed out by Julguera, and last sale price , this is amended figures

ASSUMPTIONS SALE OF SYR Sale Price $0.45 no shares held by CSE 9,141,369 no shares on issue 106,844,810 DISTRIBUTION Sale proceeds $4,113,616 as at 30/6/20 less past losses -$6,649,097 Taxable income -$2,535,481 Taxc at 30% $760,644.29 available for dist $4,874,260.34 Distribution rate 100% 90% 85% Amount per share $0.05 $0.04 $0.04 Plus Franking credit $0.02 $0.02 $0.02 Total income $0.07 $0.06 $0.06 TaxRate After tax After tax After tax 0% $0.07 $0.06 $0.06 10% $0.06 $0.05 $0.05 15% $0.06 $0.05 $0.05	ASSUMPTIONS	SALE OF SYR
	Sale Price	$0.40
	no shares held by CSE	9,141,369
	no shares on issue	106,844,810
	DISTRIBUTION
	Sale proceeds	$3,656,548
as at 30/6/20	less past losses	-$6,649,097
	Taxable income	-$2,992,549
	Taxc at 30%	$897,764.82
	available for dist	$4,554,312.42
	Distribution rate	100%	90%	85%
	Amount per share	$0.04	$0.04	$0.04
	Plus Franking credit	$0.02	$0.02	$0.02
	Total income	$0.06	$0.05	$0.05
	TaxRate	After tax	After tax	After tax
	0%	$0.06	$0.05	$0.05
	10%	$0.05	$0.05	$0.05
	15%	$0.05	$0.05	$0.04
	30%	$0.04	$0.04	$0.04