By memory NHC management did suggest a lack of interest in aquisitions.
Normally in such a financial position I would probably expect some acquisition.
Having said that i'm more than happy to follow NHC management and their BB decision.
They know their business,soul patterson chairman knows the NHC business,if their confortable with a BB so am I.
Soul Patterson imo understands diversification/acquaistions as in recently buying a swim school chain,if they accept a NHC BB so do I .Baaaa.
NHC Projected Half Yearly Dividend, page-193
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