"well, don't forget the franking credit ... worth an extra 10c...

"well, don't forget the franking credit ... worth an extra 10c per 25c dividend"

No I haven't forgotten it (assuming we get 25cps, which is not a given).

But don't you forget that we would have received some of those franking credits anyway, by dint of whatever dividend SKE might have declared for the full-year.

Don't get me wrong, I'm not sayings its a bad thing; its just not a deal-maker in my mind.