Anyways it seems quite certain this is going to be wound up, surely the cap account here is much larger given all the CR they did to fund Morilla so perhaps there won't be much (or any) cash returned as a dividend anyways. If it were a dividend I don't think it's worth getting back given half goes to the taxman.
No doubt it will be interesting, and perhaps horrifying how the ATO treats returning the LLL shares to holders. Maybe that will suck up a large portion of the Capital on account, so the leftover tranche 1 cash will be a dividend I have no idea as I couldn't be bothered looking up the capital account and figuring the value of Leo shares after tranche 1 is paid.
The less I say about your idea to return cash and then do a CR, the better. Hahaha Maybe that is what will eventually happen is they relist with a couple of mill as an explorer. Can't say I'd be chomping at the bit to participate...
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