Nice to see the increase of the expected dividend and too, the increase of the share price. It’s also good to know the intended sale would take effect on the 1st July.
After this and they have a shell of a company with no existing business and it states that there would be $3 million left in the franking account does this mean that the franking account is sold on and offset against the sale?
Thanks for anyone that that can answer this for me.
Cheers.
REF Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held