Non Renounceable Entitlement Offer, 1 new Share for every 2 existing Shares at an Issue Price of $1.30, its a big cap raising, water is expensive, SP has been going ok and yield is good at around 4.2% ~ 70% franked over the last 3 dividends.
Water for irrigators – D2O is a kind of infrastructure stock, thus defensive.
Be the first to comment