There will be massive buybacks shortly and/or special dividends before the end of the financial year franked up to the hilt.
Not sure if this has been done before ..a demerger with franked credits in the mix...or is that a return on capital ..maybe a return on capital re the demerger with a special franked up dividend re divestment of banks insurance and wealth management arms. !!???
After all the headwinds CBA have gone through and will still post a profit...seems to me a strong buy...
