hi all,
Forgive my ignorance, but when we refer to a divi in relation to CER, are we talking about the distribution?
I was of the understanding a divi is different to a trust distribution... ie, cer pays a distribution, and cnp pays a divi (eventually).
The only reason cer paid a distribution is to avoid having to pay extra tax because they are a trust (blah blah blah).
At the end of the day, they paid SOMETHING - better than a lot did, so all good.
Cheers
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