hey cheeky charm,
the price was trading a couple if weeks ago at 20 cent mark then the 5 cent divvie paid sp reflected this dropping 5 cents and then yesterday the market dropped due to the capital reduction payment of 10 cents per share.
now the company is valued from what is left after those payments. But is it valued fairly? Thats now up to the revamped board to work to work their magic
good luck
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- Ann: Clarification of ATO Position on Capital Reduction
Ann: Clarification of ATO Position on Capital Reduction, page-28
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