An example of an efficient Company at work (I have no idea if they are or not, but I am just using this as an information piece)
Far Limited, announced a return of Capital on the 17th July 2023
On the 31st August 2023, the funds from the return of Capital were paid.
On the 20th September 2023, an announcement detailing the ATO ruling.
Anyone interested:
https://company-announcements.copyright link/asx/far/a7661129-577e-11ee-8e3a-3afff2a0bcba.pdf
cheers
As previous, the excess to operations funds should have already been paid to us ---- why are they holding them???????
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- Ann: Quarterly Activities/Appendix 5B Cash Flow Report
Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-138
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