Ann: Extraordinary Meeting Presentation, page-9

  1. 956 Posts.
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    Agree with all your comments Greenie. On the basis the status quo remains I think we can expect capital growth of 20% in the share price over the next two years as long as rates fall say 2%.
    Also sounds like the franking credits will end in a year or so and will be replaced by most likely 100% tax deferrals for a few years. ( my opinion ) Not a bad investment if you are buying at 40c.
    Unfortunately long term share holders have no hope of seeing a full recovery of the share price
 
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