TLS 0.00% $3.88 telstra group limited

With a A$1.8 billion accounting gain on the sale proceeds of...

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    With a A$1.8 billion accounting gain on the sale proceeds of A$2.1 billion (47.7% of Autohome) implies that the cost in the book was carried at only $300 million. After this sale there is a small 6.5% holding.

    This gain translates into 14.7 cents per share. (A$1.8bn/12.226bn shares in issue).

    A share buy back or a fully franked special dividend would be nice.
    Last edited by 618600: 16/04/16
 
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