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13/06/25
18:25
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Originally posted by 52570:
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Good read Mr fooca. So...it looks as if we may see some cash come our way as a dividend - from the tranche 1 LLL payment and then of course cash from our cash at hand - which from your figures adds up to approximately 045 cents a share. So then it follows that at some point we each receive our share of the LLL shares (of the 17 odd %)? Or , could this 'last part' be some how incorporated into any deal that LLL has to purchase some or all of a project? Anyhow, I'm encouraged to see that there might be movement and we may see some cash come our way soon in the form of a dividend ...first.
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what is the point of a franked dividend if some of us have to pay high tax rates