Implications of Sale, page-6

Just doing some rough calculations it would not be a disadvantage in most cases to get a franked dividend compared with selling the shares at say 45 cents and paying capital gains tax.....depends on what you bought for and what tax level you are on, but giving up the CGT discount is largely offset by the franking credits. So it does not really matter which way CSE goes, except I reckon they would be selling short going out at the moment, with the potential that is SYR. Guess you take the dividend and buy SYR with the proceeds.