Anyone have any idea of how much franking credits TGR hold?
By not getting the 10c dividend, we shareholders are deprived of the franking credit that would go with it. Cooke will collect that.
Surely the fair thing to do would be to declare a dividend that uses up all the franking credits accumulated then reduce the $5.23 payment by the dividend amount. The franking credits have been earned under our ownership and should not be a hidden gift to Cooke.
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Anyone have any idea of how much franking credits TGR hold?By...
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