transparency, page-3

Hello NotthatWarren
I have read your post but delayed to reply. Because I was not too sure what to say.
Your first issue is Transparency.
The investment structure that NEW operates under is called .................INVESTMENT ENTITY.
This structure is imposed by ASIC. They must report as an ENTITY and not individual Solar farms. This imposes Opaqueness. It is not NEW's choice to obfuscate. If you go to any meetings of NEW you will see that they as frustrated with the ACCOUNTING as you or I.


Your second issue was PAYING A DIVIDEND despite a minimal dividend.
The distributions (divs) so far are a Cash refund as NEW was in construction. There are NOW 15 Solar Farms fully OPERATIONAL. There is one farm in constructiion..a very big one, 200MW. All 16 Solar farms are expected to be OPERATIONAL at the beginning of next year. The distributions will then be out of FREE CASH FLOW.

Your third issue was............. poor publicity in less managers

I am not 100% sure about what you mean. Yes NEW was iisued as an investment for Dixon Advisory clients. Dixon Ad is getting very bad press at the moment.
But NEW is separate from Dixon.

NEW expects to :

1. Pay 4c for next semester .....6.3% yield
2. At least 4c for the foreseeable future

This is the first solar farm listing and will take time for people to get used to it. I remember back in the 1996s when TCL , MIG, came on the market and nobody wanted to touch them. Now investors cannot get enough.
Hope this helps