Seems there is no end to the cynical tricks the corporates will get up to. I just found out that shares bought after the 4.4 cent dividend ex date will only be paid out at 65.6 cents. This means in effect you are being paid as if you also received the 4.4 cent dividend declared earlier in the year.
Just another example of the duplicity of the corporate fraternity. It actually means there are two classes of shares in the buyout depending on when they were purchases. Prior to March 30 receives a 20 cent dividend but after that date you only receive 15.6 dividend but are treated as if you also received the earlier 4.4 cent dividend. I believe this was not articulated clearly enough in all the Scheme correspondence. These are the matters that ASIC should see as obscure and cynical IMO.
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