As long as PLS have enough franking credit than its tax effective.
Drawing down commercial loan facility they can cover is management 101.... interest paid on finance will generally be tax deductible. I am not privy to PLS books but I am sure CFO and Head of Treasury gave it the tick.
divvies, page-190
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$2.82 |
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Mkt cap ! $8.491B | |||
| Open | High | Low | Value | Volume |
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