they distributed 490m in dividends, and would have 295m left after tax paid. If they paid out 150m more for the notes, i suspect the div would have been reduced to 340m. They need to conserve a bit of cash for the 384m of capex they have coming up for na3 and bengalla expansion
NHC Price at posting:
$5.32 Sentiment: Buy Disclosure: Held
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