NHC 0.38% $5.26 new hope corporation limited

Ann: Update - Notification of buy-back - NHC, page-24

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  1. 136 Posts.
    lightbulb Created with Sketch. 5
    Dear SlugRacing,

    I wish it was an on market CR- I would have participated without hesitation

    "victim of time"
    The CN issue was perfect timing for whsp to use 15% of shareholder value to grab at least 5% of the company-The victim was the shareholder

    "borrowed money to buy other assets"- there were none - mt arthur was off the table and the only other acquisitions i remember , would have been petty cash by that time , plus they had sold Lenton

    "they are addressing some of it now with buy backs"- by buying back 5% (with $300m potential dividend) after just giving it away, and who is the major beneficiary

    I sing a tune based on what nhc release to the market its called "my opinion" - not all will like it





 
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