Pls explain how it is destructive to the company?
It achieves the same aims but rewards existing shareholders
Ur are missing out on a pool of funds that ur entitled too!
That pool of funds falls into the hands of professional traders and institution who would be more concerned about their tax obligations than the well being of the company.
Basically ur donating ur entitlement to a 3rd party….think of it as a Xmas bonus where the boss donates ur bonus to a charity and u receive as a reward a card thanking u for ur contribution.
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NHC
new hope corporation limited
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0.92%
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$4.32

Pls explain how it is destructive to the company?It achieves the...
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Last
$4.32 |
Change
-0.040(0.92%) |
Mkt cap ! $3.651B |
Open | High | Low | Value | Volume |
$4.38 | $4.39 | $4.30 | $7.106M | 1.643M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 33998 | $4.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.32 | 148 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 31104 | 4.300 |
4 | 7900 | 4.290 |
2 | 98130 | 4.280 |
1 | 704 | 4.260 |
2 | 4905 | 4.250 |
Price($) | Vol. | No. |
---|---|---|
4.350 | 505 | 2 |
4.390 | 220 | 1 |
4.400 | 10656 | 3 |
4.410 | 251 | 1 |
4.420 | 2761 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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NHC (ASX) Chart |
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Frazer Bourchier, Director, President and CEO
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