The NEW board is getting ready to buyback upto 25% of the Registry. This is the news I am waiting for
To consider, and if thought fit, to pass the following resolution a an ordinary resolution of each of the Company and the Trust: “That, New Energy Solar authorises and approves, for the purposes of Section 601KH(8)(a) of the Corporations Act (as inserted by ASIC Legislative Instrument 2016/1159), Section 257C(1) of the Corporations Act, ASX Listing Rule 7.33 and for all other purposes, the buyback of up to 25% of the issued Stapled Securities on-market during the 12 month period commencing on 1 June 2021 (and in any event within 2 months of this date) and expiring on 1 June 2022 as detailed in the Explanatory Memorandum which accompanies this Notice of Meeting.”
NEW Price at posting:
79.0¢ Sentiment: Buy Disclosure: Held