Seems a solid result and should steady concerns. Not sure why the tax rate always seems high - 41% for the half year and quite high for 2018/2019 full year. Something to do with non-allowable items and R&D Expenditure? With all prior unrealised tax losses having been consumed there should be some franking credits accumulating to attach to dividends down the track.
Ann: Half Yearly Report and Accounts, page-5
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