Guys
with 17m franking credits as of last annual report now likely be closer to 20m prt could pay out over 50m of dividends as FF dividends. This suggests there is significant dormant value for shareholders over next few years given no more debt and heavily net cash. It’s also something that could used by an acquirer. For example an acquirer did a script bid they could use Prts cash and pay out a special dividend fully FF equivalent to 15c grossed up and higher by end of year.
Guys with 17m franking credits as of last annual report now...
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