NXE 0.00% 2.7¢ new energy minerals ltd

Ann: Agreement to sell remaining 50% of Balama Resources Pty Ltd, page-8

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  1. 10,813 Posts.
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    Unless I am reading this wrong that is it for NXE. How can they pay a dividend when they are still in litigation with Arena? Surely Arena would get an injunction on this given they are considered a creditor?

    Why I want to know is anyone buying this at 4.9c?
 
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