Hi Crarg,
For example
If you bought a while back at 25c, and have a 30c marginal tax rate, Fri better?
44c capital gain, 50% discount , 22c, tax=7.33c
28c divi plus 12c franking credit, taxed at 30c, tax= 13.33c.
Especially if you have heaps of accumulated losses.
cheers
" Maybe $0.34567890 precisely " as an aside, from somebody's previous post, but they were probably just joking.