Folks,
Just checked the Tollhurst Noall report on AGM's website.
They say "we have assumed a payability of 72.5%", ie this is NOT a fact, only an assumption.
I have been using a slightly higher number, and will continue to. Brokers are generally likely to be conservative whenever faced with uncertainty, as it is right for them to be.
EL
Folks,Just checked the Tollhurst Noall report on AGM's...
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