REF reverse corp limited
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Ann: Dividend/Distribution - REF, page-66

  1. Mattao
    78 Posts.
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    21/08/19
    12:01
    Post #: 40074269
    Sandon / MVT have a history of buying shells with franking credits. Sandon itself was commenced using a shell with a franking balance. So I think they already have a use for REF already in mind.

    The question that I can't work out is - "what is a shell with $3m plus franking credits worth?"
    REF Price at posting: 1.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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