TAP 0.00% 7.8¢ tap oil limited

Capital return not on bc TAP has many years of franking credits...

  1. 326 Posts.
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    Capital return not on bc TAP has many years of franking credits so what is likely is a special div fully franked. I have it fr the co that this will at least be under consiideration if the zola sale goes through.The only way to ever realize the considerable value of the FC is to pay a dividend.IMO it makes no sense to leave the FC unused.Remember that all of the woolybut profits were reinveested supposedly to add value but whre are with that approach?
 
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Currently unlisted public company.

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