News: NEW New Energy Solar Sees Impact On Portfolio Value From COVID-19, page-10

This from the Chairman of NEW.........................

"Despite this progress, the security price for New Energy Solar has not reflected the achievements made
in completing the construction of the portfolio and in bringing all of our solar plants into operation. The
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security price is at a substantial discount to our NTA. A major factor in the discount appears to be selling
by clients of the Dixon Advisory business, impacted by poor sentiment attaching to that business."