I don't think there franking reserve is in a great position, although they haven't provided us with an update in quite a few months. They may struggle to maintain the "fully franked" dividend. Even if they do, it's only a yield of 1.5%. The discount is unlikely to close until that yield increases.
Does anyone know how many analysts, apart from Catriona, they have dedicated to the Global fund?
Ann: April 2020 Investment Update, page-67
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