nova is top value in hospitals, page-9

  1. 2,354 Posts.
    lightbulb Created with Sketch. 253
    Yes it seems to be moving away from 42c.

    The prospectus under section 6.6 Dividends states, "Nova Health intends to maintain a dividend payout in the order of 50% of each years net profit after tax.....The dividends paid in respect of the 2003 financial year are expected to be at least 5 cents."

    This is subject to "adequate profits" with divs paid March and September.

    I can't see any negatives at these prices as it could also be a takeover target eventually.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.