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Can someone bring up to speed with what PGW are up too. i.e. when are they paying out this 31 cents per share? I haven't seen any money. Is there a date for payment? The document I got from PGW talked about dispatch of new holding statement 9th August.
I thought I was going to end up with the same number of shares I had after doubling them and then cancelling half of them and sending me a few dollars? Is this correct.
But then I look at some charts on the internet and see share price 55 cents and chart showing shares at 2.70? I am just confused.
You’ll get your cash on the 14th
Shares are split and then some cancelled and then a 1 for 10 consolidation
All explained with dates here. In the meantime ignore any prices you see on internet.
As they say’trustthem, they know what they’re doing’
http://nzx-prod-s7fsd7f98s.s3-websit...411/304506.pdf
Sure been a busy week for a share in a trading halt:
Monday: 55c
Tuesday: 27.5c
Wednesday & Thursday 24c
Friday 240c
[edited out the confusion bit]
Two record dates for the scheme. announcement 1st August
page 1 .... 14th August
page 2 record date scheme wednesday 7th August.
Announcement 31st..record date 7th August PAYMENT date 14 th August.
Now reread how confussing page 1 of 1st August announcement is,Shareholders will receive a cash payment....................................
sorry my bad.
so we can either start buying our shares back or buy another Maserati next week then.
Results out and to be honest I am unimpressed either by them or the outlook for next year.
There is a final divvy of 7.5c to help us keep the faith but I am thinking no hurry to buy back in.