the directors are hypocritical if they do not pay out all available franking credits as a dividend.- the franking credits are only of value when paid out.
the timeliness & regularity of disclosure by the directors of franking credit balances is not adequate.
discount to nta will only diminish by buying back more aggressively.
- what would you call issuing further options or shares at massive (10% plus) discount to nta.?
any one for wind-up & $1.42 + franking credits payout.
instos will never give alf credibility whilst alf directors compromised with dealings with the alf investment manager & its directors
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