oh wow
if they pay out 1c per share (as franked dividends) for their 556m shares on issue, that's $5m in dividends and another $1.5m in company tax.
that's going to seriously dent their cash in hand.
you have to wonder if Matua is trying to kill the company and regain control of the stock?
unfortunately uncertainty is the enemy of investment so I think this could be a mea culpa
imho DYOR GLTA
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