"A2B intends to distribute the net sale proceeds to shareholders via a fully franked special dividend when the sale is completed. Net sale proceeds will include DEDUCTIONS FOR TAXES, sale costs, and any necessary debt repayments, and take account of ongoing working capital requirements."
I'm expecting some tax to be paid on the property sales but am unsure of the exact amount so ignore my 2nd post. I stand by my guess of a dividend of 47 to 52.4 cents ( before franking credits ) in my first post. Other people don't have to agree with it.
A2B Price at posting:
$1.15 Sentiment: Hold Disclosure: Held
