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25.5¢ jupiter mines limited.

"Jupiter will receive R1,057,493,815 from Tshipi, net of...

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J.W.Pepper

5,933 Posts.

394

10/09/18

12:24

Post #: 35494793
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Originally posted by 6186mark ↑

IMO the tax situation is a little complex and I still think there may be some more tax to be taken out of this dividend. I refer to this section in the prospectus:

View attachment 1282379

I know the latest release says that Jupiter will receive from Tshipi net of all taxes but I still fear that Luxembourg may take up to 20% tax off the dividend before it reaches Australia and our hands. I don't think there is an Australian tax liability, which is good, but also means no imputation possibility.

In summary I think the "0.0498cps" quote above by a poster might be reduced by up to 20%, perhaps down to 4cps, depending on how it works (and I am guessing a bit on this).

Still not bad for a half-yearly dividend, but i advise against spending the dividend before you know exactly what it is

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"Jupiter will receive R1,057,493,815 from Tshipi, net of withholding taxes"

JMS Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 25.5¢		Change -0.010(3.77%)		Mkt cap ! $494.9M

Open	High	Low	Value	Volume
25.5¢	26.0¢	25.0¢	$2.136M	8.395M

Buyers (Bids)

No.	Vol.	Price($)
34	2209924	25.0¢

Sellers (Offers)

Price($)	Vol.	No.
25.5¢	1104650	27

View Market Depth

No.	Vol.	Price($)
34	2209924	0.250
23	1398301	0.245
17	1397335	0.240
11	1221435	0.235
8	631312	0.230

Price($)	Vol.	No.
0.255	1149317	28
0.260	696247	8
0.265	862133	10
0.270	705279	10
0.275	1403696	14

Last trade - 15.18pm 30/07/2024 (20 minute delay)

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