I'm no accountant but this is from the AFR this morning:
"The bidders were smart to carve out the franking credits balance, which totals $823 million. These are worth about $3.60 a share to those shareholders able to offset the credits against tax already paid.
The addition of the credits makes the offer $91.60 a share, which is a 40 per cent premium to the price that prevailed before the offer was made."
I'm no accountant but this is from the AFR this morning:"The...
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Last
$40.19 |
Change
-0.165(0.41%) |
Mkt cap ! $9.217B | |||
| Open | High | Low | Value | Volume |
| $40.42 | $40.42 | $40.00 | $13.66M | 339.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 314 | $40.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.19 | 110 | 5 |
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| Last trade - 15.46pm 17/09/2024 (20 minute delay) ? |
| RHC (ASX) Chart |