Yes if you don’t quote your tfn no withholding will come from franked portion but unfranked there will be a withholding. It’s not lost, it is a credit that you can claim back in your tax return under tfn withholding in the dividend section of your return
Santos Dividends: "Less resident withholding tax", page-8
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| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 4 | 560819 | $7.22 |
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|---|---|---|
| $7.23 | 5013 | 3 |
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