Originally Posted by
Snoopy
Hi See weed,
I found the original of your Beagle quote and I noticed you had missed a bit in the middle out, which I have put back in.
they have enough in there at balance date $2.7m to impute the forthcoming 16 December dividend by 50% and seeing as they chose to not impute it
My question is, if there are $2.7m of imputation credits on the books at balance date, why would HLG management not pass these on to shareholders in the upcoming dividend? It seems very strange. I mean, the company has already paid the tax so it doesn't gain anything by not passing the imputation credits on. What possible reason could HLG management have for holding on to them? A confused SNOOPY?!?