ZEN
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0.00% 91.0¢ zenith energy limited

Ann: Increased Scheme Consideration, page-4

  1. Crocee
    98 Posts.
    lightbulb Created with Sketch. 47
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    21/07/20
    13:46
    Post #: 46007547

    Well that was a lucky guess by me to say “…will offer a few more cents (say +4c)”. I think it is a good result in the current environment.

    I just checked the 2019 Annual Report and their tax rate is 30%, which is what I expected.

    The 14c ff Dividend therefore has a 6.00c franking credit attached.

    Why then does ZEN say on Page 2, 5.3c? Is that a mistake, or am I missing something?
    ZEN Price at posting: $1.04 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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