If we do buy backs when the franking credits start to flow, then the franking credits are lost and the company pays more tax to the government. The time to do buybacks is now. Buybacks need to stop once the franking credits flow, and that's when the divvies can flow instead.
Ann: Capital management update, page-9
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Mkt cap ! $81.23M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 38.0¢ | $51.62K | 134.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 29178 | 38.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 19916 | 1 |
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