Looks like the franking credits on the final dividend are worth an extra 13.5c so all in all a final value of $2.48 to shareholders being $2.035 + $0.31 + $0.135 versus updated NTA of $2.28
That is a $0.20 gain though arguably it contains something for a final dividend, not declared this year given the AVID Scheme of Arrangement. However with such a large profit decline in H2 I am not sure how much of a dividend would have been paid.
No doubt some arbitrage traders will look at the franking credits over the next little while.
Cheers..............Daicosisgod
Looks like the franking credits on the final dividend are worth...
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