AJL aj lucas group limited

Franking Credits ?

  1. 567 Posts.
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    Can someone with knowledge better than mine explain what the below means with regards to franking credits as mentioned in the full year accounts and wether or not it could benefit us struggling long term frustrated holders ?

    DIVIDEND FRANKING ACCOUNT
    The balance of franking credits available to shareholders of the Company as at 30 June 2019 $60,852,374 (2018:
    $60,852,374)
 
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