At present the dividends that came out of PIH came to NZ with no NRWT due to the stapled security malarkey.
I cannot see if they will be listed on the ASX and if they are listed in USA then the NRWT the US will charge will offset the increase in dividends.
Also, there are loads of opportunities in NZ in the shares at present and now is also a good time to bring money back from Australia to NZ at the current exchnage rate.
Plus, I am done with it all, the whole BBI thing. Time to book the profits and move on.
PIH Price at posting:
$4.53 Sentiment: None Disclosure: Not Held
