NHC 1.68% $4.98 new hope corporation limited

Ann: Dividend/Distribution - NHC, page-37

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  1. 10,457 Posts.
    lightbulb Created with Sketch. 88
    Then tell me what benefits has the recent BB done for these holder’s?

    All I can see is the reserve in funds had disappeared into thin air…done nothing to the share price.

    Possibly, made management stats look better and nothing else!

    It would be a different story if the board invested the BB funds into a tangible asset.

    But it appears to be an investment decision to simply placate the T20 giving them better taxation control and tax advantages at expense of the retail shareholders.

 
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