Dividend reinvestment plan for Neu, page-8

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larrygerry

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22/07/25

00:36

Post #: 79889099
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Originally posted by Little T: ↑

I thought I would start another thread expressing my opinion on the advantages of a dividend reinvestment plan for NEU .
1. The company has over $80 million dollars in franking credits locked up .
2. The normal discount on dividend reinvestment plan is between 1and 5%.
3. What I am suggesting the company consider a special once off dividend to use the franking credits and give the shareholders the opportunity to get a cash dividend or dividend reinvestment plan at say a 2.5% discount to the current price .
4 Based on today’s price of $15.17 the discount would be approx 37 cents so the shares would be issued to the shareholders at $14.80 .
5.Shareholders would unlock the franking credits and tax would be mostly paid on the dividend.
6.I for one would reinvest my potential dividend in NEU and not take the cash .

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Since we are growing, dividends would not be a good use of resources.

NEU Price at posting: $15.17 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $15.67		Change -0.080(0.51%)		Mkt cap ! $1.984B

Open	High	Low	Value	Volume
$15.80	$15.80	$15.57	$1.114M	70.82K

Buyers (Bids)

No.	Vol.	Price($)
1	1	$15.64

Sellers (Offers)

Price($)	Vol.	No.
$15.67	213	3

View Market Depth

No.	Vol.	Price($)
1	317	16.690
1	53	16.530
1	41	16.400
1	29	16.370
1	42	16.300

Price($)	Vol.	No.
14.800	5	2
14.970	435	2
15.440	42	2
15.530	2343	22
15.580	799	1

Last trade - 10.08am 23/07/2025 (20 minute delay)

NEU (ASX) Chart

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