MEC
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2.02% $1.01 morphic ethical equities fund limited

Management is raising dividends to unsustainable levels to...

  1. EarlyRetiree
    355 Posts.
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    04/07/23
    13:14
    Post #: 68610569
    Management is raising dividends to unsustainable levels to return the franking credits ASAP with an aim to wind up the fund within a year. It's a good move because if they wind it up now the franking credits are lost.

    MEC Price at posting: $1.04 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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