Dividend doubling! 12c per annum - at current price ~12% yield and it comes with franking credit for the first year!
It's akin to a slow wind up of the fund.
The activism by Harvest Lane Asset Management is paying off.
Discount to NTA has already shrunk to 10%.
I wonder if it will be enough for them. We should find out next week.
Ann: Dividend Policy Change, page-2
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