LGD 0.00% 30.0¢ legend corporation limited

Probably a dumb question - but wouldn't a 7c fully franked...

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    lightbulb Created with Sketch. 177
    Probably a dumb question - but wouldn't a 7c fully franked dividend come with 7*0.3 - 2.1c of franking credits - what math or assumption am I missing?
 
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Currently unlisted public company.

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