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10.5¢ atlas pearls ltd

Ann: Kobe Auction Result and Sales Update, page-94

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Septic14

9 Posts.

1

10/01/24

15:53

Post #: 71815576
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Originally posted by Bigstockpunter: ↑

My view is that no dividend will be paid. They basically exhausted their franking account with the last dividend and won't pay any tax to generate franking credits until the tax return is lodged for FY24 (lodgment will be sometime in FY25).

It would therefore be more efficient from a tax perspective to return funds to shareholders by an on-market buy back and start paying dividends when franking credits are available. Of course, an unfranked dividend could be paid but this will mean that funds are distributed in a most tax inefficient manner.

Time will tell.

Best

BSP

NFA, DYOR, GLTAH

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divvies without franking credits are no disadvantage to us NZ shareholders, so highest cash divvy is best for me

ATP Price at posting: 16.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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(20min delay)
Last 10.5¢		Change 0.000(0.00%)		Mkt cap ! $45.53M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	324999	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
10.5¢	19	1

View Market Depth

No.	Vol.	Price($)
2	324999	0.105
6	154525	0.100
2	110111	0.099
1	250000	0.098
2	59974	0.097

Price($)	Vol.	No.
0.105	19	1
0.110	39771	1
0.115	193497	5
0.120	75087	4
0.125	684227	6

Last trade - 07.02am 14/06/2024 (20 minute delay)

ATP (ASX) Chart

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