You hit the nail on the head there !
Recognition in NZ of credit for Aussie franking credits was something NZSA at one time took up with Govt
but this appears to have gone nowhere - from what I have managed to dig up searching
This also applies to other ASX Companies & their in-specie distributions too - BHP on a number of
ocassions & coming up with WPL shares dished out - probably in the wrong thread again - but more widely
relevant to any former NZX: ZEL holders looking at jumping into ASX: Ampol as new parent
of the ZEL operations..
Perhaps someone from NZSA can update us on NZ Govt & recognition for OZ Franking credits etc ?
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