Does anybody know what is happening with A2M’s franking account?
Given the level of interest on franking account and the end to franking credit rebates proposed by the future ALP Government, how will A2M get future dividends out to Australian shareholders or will the domestic shareholders just face double taxation?
I am not worried about the ATM scrip but anything on the ASX bourse might be susceptible to ASX market change should the franking credit rebates end and double taxation begin IMHO.
A2M - Fundamentals FY19, page-9
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$5.72 |
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Mkt cap ! $3.808B | |||
| Open | High | Low | Value | Volume |
| $5.73 | $5.75 | $5.68 | $3.318M | 580.3K |
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| No. | Vol. | Price($) |
|---|---|---|
| 20 | 13511 | $5.71 |
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| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 2051 | 8 |
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