SGQ 3.03% 3.4¢ st george mining limited

Ann: St George to Distribute Tax Credits to Shareholders-SGQ.AX, page-12

  1. 13,592 Posts.
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    IMO this is a good idea. It is something like the distribution of franking credits in a fully franked dv.

    From memory it came about because this is an explorer and therefore carrying forward deductible losses. They are giving the benefits of the losses now and not when they are in production - it s only available to such cos to facilitate investment.

    To you and me it may not mean a great deal of money but to a cornerstone investor it might be significant. Streeter?
 
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