EPW is paying $123 million in cash to meet its obligations, but it is keeping certificates that are potentially worth $171 million (or more) instead and will be able to write the cash expense off through tax losses.
Plus it might allow them to give us some franking credits next dividend time.
I've just bought more because this is panic selling plain and simple.
All IMO. DYOR.
EPW Price at posting:
$1.29 Sentiment: Buy Disclosure: Held
