From the Annual Report - "As at 30 June 2022, the Company had 36.3 cents per share available in its profits reserve, before the payment of the fully franked final dividend of 4.0 cents per share."
The profit reserve after payment of the 4c dividend would be 32.3cents which is a really nice reserve to have. WLE is well positioned to provide an increasing stream of dividends.
Ann: AEG: Scheme Consideration Update - Exchange Ratio, page-3
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