Incorrect, spec divi is to be ~16ish cents, franking credit on that is worth ~6.5? cents extra. Youll get a cheque for ~65c less that ~16 amount so about 49c for each share, and then claim back the franking credit by refund. you also can rack up the capital loss if you wear any for future use against any future profits you need pay cap gains on.
Incorrect, spec divi is to be ~16ish cents, franking credit on...
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