From the last annual report Ainsworth appears to have $28,017,000 Franking Credits to disburse.
- Additional value may be realised by certain shareholders through the payment of one or more fully franked dividends, which may be declared and paid at the discretion of AGI’s board in accordance with the SID prior to implementation of the Scheme (any dividend, if declared, would reduce the cash consideration amount per share by an amount equivalent to the dividend)
Since they make such a specific comment about Franking, maybe we can assume a dividend might be in the offing so these can be utilised by shareholders. My assumption is they are worth nothing to Novomatic if this gets across the line.
AGI Price at posting:
98.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)