Ann: Update - Dividend/Distribution - LBL, page-52

  1. 437 Posts.
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    After reading what you're referring to, I can absolutely see why you read it that way. It seems pretty clear there.

    My source is Friday's Annual Report. I suspect it's correct because a) it's more recent, and b) it would have made more sense to simply have bought the full 51% in February and incorporate Gateway's earnings immediately.

    https://hotcopper.com.au/data/attachments/6407/6407673-a20f4adedb110b86c815549efa87c0c5.jpg

    Anyway, the fact there is a discrepancy amongst shareholders is poor.
 
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