I want to remind all here: the scheme that was on the table had...

I want to remind all here: the scheme that was on the table had a payout of $1.01. And there was fanfare that it 'may be', 'could be' worth $1.05 because Zenith and PEP maybe or could be paying a 13 cents franked dividend.

But read the announcement. It is say maybe, could be.... no guarantee. Do you trust management and PEP to do something that benefits minority holders, when they already have shown what they think of minority share holders. In the end, I bet PEP and management may be able to do something with the franking credits to benefit THEMSELVES. So, given how this is playing out, a 'goodwill' 'effort' to get the minority guys franking may be need to be delivered on a flying pig.