It would make zero sense to pay a dividend now when the company is yet to generate franking credits.
Effectively you are creating an immediately assessable tax liability at the full marginal tax rate of the holders while lowering future capital gains which are concessionally taxed (due to CGT discount for personal and super holders > than 1 year).
TYR Price at posting:
79.5¢ Sentiment: Buy Disclosure: Held
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