Anybody got any thoughts on what NZOG management might pay out as a sustainable long term dividend each year ?. I'm budgeting on 5cps minimum for the next few years ... is that too optimistic , or pessimistic.
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Anybody got any thoughts on what NZOG management might pay out as a sustainable long term dividend each year ?. I'm budgeting on 5cps minimum for the next few years ... is that too optimistic , or pessimistic.
Does anyone know how NZO holdings on the ASX would be treated by the IRD when it comes to the FDR tax? I bought my holding on the ASX and am wondering if it would be easier in the long run to have the holding transferred to the NZX (I understand this can be done, but don't know how). Any suggestions? (and in case you're wondering why I bought on the ASX -- I thought they were cheaper there, and they were at the time -- but I didn't realise that they went ex-div a week earlier over there than here -- bugger :o).
https://www-au.computershare.com/Inv...sCatalogue.asp
The above url for the Australian area of Computershare has downloadable forms for change from NZ to Aust register but not the other way. If you contacted them I am sure you could get a form to do it.
looks like the oil tanker was still loading come midnight as shipments only increased by approx 100,000 barrles and a shipment is usually 300,000 barrles
Production Performance (since 30 July 2007)
Total production to the end of June 2008: 14.2 million barrels. 13.8 million barrels shipped.
NZOG's
M
Out To Lunch if they are broker sponsored you have to get broker to do it and they charge like wounded bulls for doing it. It is usually cheaper to sell and rebuy in the NZ market
Commercial TV and radio stations are there to sell soap. They don't earn revenue from NZO, but they do earn lots of advertising $ from the likes of Telecom, Hallenstines and The Warehouse. Hence, even when it comes to reporting stock movements some brands will clearly get more exposure than others. Best to stick with Radio NZ for a more balanced report.
114m oppies converted and more to come, anyone know when these are able to be traded or is it now?
Thanks possum and 777 for the replies. :)