bookarelli, JW receives 50% of the dividend on the 10m Plan shares plus that proportion of the dividend equating to tax at the highest marginal tax rate (48.5%) on the other 50% so the loan is reduced by 50% x 51.5% of the dividend, which last year the full dividend was $525k plus franking.
The financial statements were prepared in accordance with accounting standards with the auditors requiring the Loan Plan shares to be treated as options. There is no need for any audit qualification.
Ann: Half Yearly Report and Accounts, page-146
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30.5¢ |
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Mkt cap ! $219.7M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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| FEX (ASX) Chart |