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6.3¢ new energy solar limited

8c coming

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Michaelirish

23,882 Posts.

386

25/11/23

15:24

Post #: 71105099
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Originally posted by sb32: ↑

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?

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8c coming

NEW Price at posting: 6.3¢ Sentiment: Sell Disclosure: Held
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