What you say is partially correct, except the dividend will be fully franked.
As such, anybody on less that the 30% tax credit rate will be better off. For example, a SMSF in the pension phase (paying no tax) will get a tax refund of the full value of the franking credit on the dividend, which I am guessing will be about 25cps - 26cps.
Meaning the total value of the bid for such holders is about $3.27
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Last
$1.50 |
Change
0.000(0.00%) |
Mkt cap ! $168.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | $1.46 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.69 | 1790 | 1 |
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| Last trade - 11.25am 15/07/2025 (20 minute delay) ? |
| PRG (ASX) Chart |
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