Yes interesting i thought ex date was two days before record...

Yes interesting i thought ex date was two days before record date but asx is four days on looking.

Still looking at it over the weekend its a small company with a big appetite . Will be good to see how it plays out after payment .

Good indicator for holders the intention to look after shareholders the return perhaps ?

The grey fuzzy matter always needs updating .To claim the franking credits you have to hold for a period .


The 45-day rule aims to eliminate franking credit trading where franking benefits are received by someone other than the true economic owner of the underlying shares. The rule requires resident taxpayers to hold shares for at least 45 days to be eligible to receive franking benefits from dividends paid on shares. Furthermore, even if the shares were held for at least 45 days, the franking credit is denied if the resident taxpayer has eliminated 70 per cent or more of the ownership risk through other financial transactions during that period. Hence, the rule also specifies a 30 per cent minimum level of ownership risk.

Link to interesting information if not up to date of changes etc .
http://www.ato.gov.au/content/18898.htm

Thanks for bringing that to my attention shares 2 and exella Dyor is paramount but teamwork is always important in anything we do.