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19/04/21
15:04
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Originally posted by nocelery:
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Great question - I have no idea. Hoping they time the dividend on Jul 1 or later - added bouns of deferring paying tax for an additional year. I have scanned through the takeover announcements and could not find relevant references to franking. Their last dividend was fully franked - so they do have franking credits - this wold be a great little bounus (i.e. franking the 20c), but am happy with the offer regardless. The good thing is that Centuria is operating in a very unloved space (commercial office space) and is well managed too with quality underlying assets - it is a company I considered buying when shares in not too long ago
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cheers i scanned all the docs and couldnt find anything either have put calls in to IR at CNI and PWG- will let you know when they call back