"My understanding:
1. Franking credit payable by ATO after tax return is lodged and assessed.
2. 125 shares don't count for scale back so you should expect 125 plus 1000x0.2173 = 342
3. Probably will be processed overnight.'
Think you need to take the 125 off first
Slight change I would have thought 1000-125 = 875 remaining for the scale back
875/21.73%= 190.1375
125+190.1375= 315.1375 to be exact
"My understanding:1. Franking credit payable by ATO after tax...
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