HPX is a good and constant earner.
At these levels it is paying a fully franked yield around 6.35%.
Whatever Kodak's intentions the business is solid and growing.
==========================================
Company Announcement
HPAL responds to media article on Kodak`s shareholding
HPAL LIMITED 2003-04-01 ASX-SIGNAL-G
HOMEX - Sydney
+++++++++++++++++++++++++
HPAL Limited (operating as HPA) responded to a media article that
appeared in The Sydney Morning Herald today. The article speculated
that majority shareholder Kodak was considering selling its shares.
HPA's Managing Director Mr Terry Daly said that it is not HPA's
position to comment on Kodak's intentions. However, Mr Daly
highlighted that Kodak took steps in 2002 to maintain its majority
holding in HPAL by purchasing an additional 807,457 shares.
Mr Daly said that Kodak has not been a net seller of shares.
"Since HPAL listed on the ASX in December 2000, investors have
frequently speculated on Kodak's intentions. Kodak has maintained its
majority shareholding and this is an indication of its commitment to
HPAL."
For further information contact:
Jocelyn Biddle,
Investor Relations Manager, HPA Limited
Tel. 02 9311 9799 Email: [email protected]
- Forums
- ASX - By Stock
- HPX
- hpal & kodak + yield
HPX
hpal limited
hpal & kodak + yield
Featured News
Add HPX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
BGD
BARTON GOLD HOLDINGS LIMITED
Alex Scanlon, Managing Director & CEO
Alex Scanlon
Managing Director & CEO
SPONSORED BY The Market Online