Careful guys. Its not a formula per share. Its an amount applied for from the ATO by the company then distributed. From memory there is a grey area as to the soph's getting it in the placement. Its also for the exploration part only of the SPP.
Not money for LTR pmt etc. Thats why the sophs are going to get less.....perhaps. Not sure of the split and neither was the company secretary when I asked.
If you lodge on last years figures you may well end up wrong and have to amend. Which your trying to avoid.
I pay my tax next May. So I will wait.
JMEI Credits, page-23
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