I can envisage a scenario with some kind of capital raise followed by a FF dividend.  To provide enough liquidity to utilize all franking credits.Â
For example (figures arbitrary) raising 2cps followed by a 4cps FF Div
Sir Ron and Gary Weiss had a 1:10 rights issue followed by 1:10 bonus issue and a Div for many years in BIL - Brierley Investments.Â
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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Price($) | Vol. | No. |
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8 | 1006410 | 0.050 |
3 | 130825 | 0.049 |
2 | 80000 | 0.048 |
3 | 74150 | 0.047 |
2 | 31738 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.051 | 66577 | 3 |
0.052 | 31581 | 1 |
0.053 | 924026 | 6 |
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