buying the dividend ?,or something else ?

New Hope continues to rise on a daily basis lately.

Hopes are for a special dividend, from the Arrow Energy stake, that will raise over$400m after tax.

That dividend may be in the $0.20-0.35cps range, coupled to the noemal dividend of $0.05-0.10cps.

Total dividend could be around$0.25-0.45cps.

....or there something else in the wings, another tilt a MCC maybe ??

NHC will have over $1.5b in the bank, even after paying a special dividend.

They have been looking to get this cash to do some extra work for them (than just earn interest) for more than 18mths.

Interesting few weeks ahead.

cheers