On a winding up of the Company, expected to be conducted in Q3 or Q4 2023, subject to obtaining any required Shareholder approval, the Company intends to undertake the Tranche 3 Capital Return and distribute all remaining cash to Shareholders. The exact amount and timing of the Tranche 3 Capital Return is therefore currently unknown but is currently estimated at A$0.07 per Share.
Did they get a timeframe for when the final capital return will be now that NEW has been delisted?
Does this mean we are getting something in April? I guess this is because they need to pay taxes?
NEW Price at posting:
6.3¢ Sentiment: Hold Disclosure: Held
