Mostly foreign owned supermarkets, service stations and banks. Kiwi peasants have been trussed up nicely by overseas owners...
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CEO keeping his job and saying it adds resilience to their supply... generally talking it (Ampol ownership) up....
Owning Ampol could be where some of the funds could go , they are going to list on the NZX
Maybe we should have a debate on that before it's too late.
We could negotiate a special deal for the first 10 years.
Benefits for Aussie Kiwis and a lower tax rate.
Pretty sure, It makes no sense to give imputation credits to holders who can't use them.
Look at the recently declared ANZ dividend
NZD Holders AU 72.0c + 9.0 c Imputation credits
AUST Holders AU 72.0c + 30.0% Australian Franking credit
No way is the NZ Imputation credit spread across whole Company Issued Capital
ASX ANZ Distribution Announcement:
https://cdn-api.markitdigital.com/ap...df02a206a39ff4
Compare this with their NZX Dividend Announcement filing for the same distribution