EXS 0.00% 26.0¢ exco resources limited

"EXS have 2c in the franking account. They cannot pay a fully...

  1. 23,467 Posts.
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    "EXS have 2c in the franking account. They cannot pay a fully franked dividend with their current cash levels."

    Hence why I asked if we had any franking credits in the franking account.

    But, what is wrong then, to pay the amount of cash we have in the Bank as a return of capital instead?? We would still distribute that amount of cash between all the shareholders, and not giving it away to SOL.


    Cheers
 
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Currently unlisted public company.

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