Attractive to low paying tax brackets, super , pensions etc . Less attractive to higher MTRs as grossed up income will ultimately be taxed
i am out folks - out at 40 , then bought back at 38.5 and out again at 39.5 so 41 exit
there may be a little more value on table , but prefer to reallocate capital.
Prt has been kind to me , and congrats to management as this realises good value. Prt was a declining business and was always best in the hands SWM at the right price. this is a fair price especially since we also got 2c Divi FF not long ago
PRT Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held