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4.84%

32.5¢ jupiter mines limited.

Ann: Tshipi Declares R2.0 billion Dividend, page-20

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J.W.Pepper

5,906 Posts.

388

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 32.5¢		Change 0.015(4.84%)		Mkt cap ! $631.9M

Open	High	Low	Value	Volume
31.0¢	33.0¢	30.5¢	$1.694M	5.349M

Buyers (Bids)

No.	Vol.	Price($)
15	243365	32.0¢

Sellers (Offers)

Price($)	Vol.	No.
32.5¢	231804	12

View Market Depth

No.	Vol.	Price($)
15	243365	0.320
11	379392	0.315
10	441664	0.310
18	699989	0.305
29	650977	0.300

Price($)	Vol.	No.
0.325	234014	12
0.330	664779	7
0.335	448024	11
0.340	76366	4
0.345	283409	7

Last trade - 10.58am 24/05/2024 (20 minute delay)


Last 32.0¢			Change 0.015 ( 1.56 %)
Open	High		Low	Volume
30.5¢	33.0¢		30.5¢	1571960
Last updated 11.26am 24/05/2024 ?

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