Not sure of the reason. But I am sure they don’t need cash for FY 2022, if Hamish keeps his hands in his pocket. For FY 21 just completed if any fund restructure did not take place he would have had $454m + 41m in cash. Of course this is before payment of dividends. Every other company is doing it. Of course shareholders have the option of benefiting small amounts by not collecting income for the FY and paying less tax. They can sell shares when it is suitable for them. I think this is how it works.
Ann: Final Results for the year ended 30 June 2021, page-17
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Last
$8.44 |
Change
-0.060(0.71%) |
Mkt cap ! $1.454B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $5.037M | 595.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 500 | $8.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.45 | 4641 | 2 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |