Dividend Policy

The company will, if it is considered prudent as far as the Company’s business is concerned, pay dividends from the profit, dividend and interest income it receives from its investments to the extent permitted by law.  Dividends will be franked to the extent that available imputation credits permit.  The Board intends to pay dividends semi-annually. Dividends are expected to be around 50% of realised gains plus dividend and interest income to provide Shareholders with capital growth and income

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