Coal Message Board - Msg: 34686105

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Gold/Mining/Energy : Coal

COAL 22.16

-3.1%

4:00 PM EST

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To: The Barracuda™ who wrote (1820)	6/1/2024 11:15:25 AM
From: Paul Senior	Read Replies (2) of 2027

I looked and saw 6438096 thousands of rupiah to be distributed over 30759 thousand shares = 209 Rp per share. At exchange rate supplied, that's about US$.013 per share. How many shares are in the ADR? Yahoo shows 617.6M which would represent the 30759M Indonesian shares outstanding or 49.80 ~ 50 shares per ADR. $.013x50 = ~$.65 per share to be disttibuted. But...I believe I also saw somewhere that there's an Indonesian withholding tax on US citizens of 20% (??). Which would result in a distribution of .8x$.65 or net of about $.52 per share. When I checked, it looked like the past dividends varied. So I'm not sure the next dividend will be the same as this. I hope higher.

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