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0.00% 0.2¢ new zealand coastal seafoods limited

Ann: Proposed issue of Securities - NZS, page-12

  1. EricsNose
    81 Posts.
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    29/10/20
    14:26
    Post #: 48493497
    Specifically described as a "Performance Right" in the document

    A performance right is a contractual right to receive a given number of ordinary shares >>IF<< a nominatedperformance milestone is achieved.

    TLDR is, they are shares that are given upon reviewed performance working for the company & achieving the shareholders best interests propelling growth.
    Last edited by EricsNose: 29/10/20
    NZS Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 8  Upvote
    lightbulb Created with Sketch.  Great analysis
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