HGH - Heartland Group Holdings

[Rawz]

About $1.32 on December numbers

so something like $1.27 after cap raise?

[winner69]

so something like $1.27 after cap raise?

Didn't phrase the 1.32 that well ...it's allowing for the cap raise.

Sorry

[Rawz]

Didn't phrase the 1.32 that well ...it's allowing for the cap raise.

Sorry

oh okay phew. thought $1.27 was not that good lol

[Rawz]

buying any HGH around here is super duper cheap. And punters on the other place saying 90-95cents possible. OMG what a bargain that would be. Like free money?

[percy]

https://www.nzx.com/announcements/430226

Heartland announces receipt of final regulatory approvals for Challenger Bank acquisition

Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) is pleased to announce that it has received the necessary regulatory approvals from the Australian Prudential Regulation Authority and the Reserve Bank of New Zealand for Heartland Bank Limited’s (Heartland Bank) acquisition of Challenger Bank Limited (Challenger Bank) from Challenger Limited (ASX: CGF).

Heartland Bank expects to complete the acquisition of Challenger Bank today, 30 April 2024.

[Rawz]

https://www.nzx.com/announcements/430226

Heartland announces receipt of final regulatory approvals for Challenger Bank acquisition

Heartland Group Holdings Limited (Heartland) (NZX/ASX: HGH) is pleased to announce that it has received the necessary regulatory approvals from the Australian Prudential Regulation Authority and the Reserve Bank of New Zealand for Heartland Bank Limited’s (Heartland Bank) acquisition of Challenger Bank Limited (Challenger Bank) from Challenger Limited (ASX: CGF).

Heartland Bank expects to complete the acquisition of Challenger Bank today, 30 April 2024.

well done Heartland. The foundations are set for growth, and what a long runway it is

[Goose]

Yes, well done Heartland indeed - once again doing what they say they were going to do. They announced the intention of acquisition way back in October 2022 so it has been a long road to arrive at full approval today and obviously wasn't an easy process.

http://nzx-prod-s7fsd7f98s.s3-websit...869/381579.pdf

I am looking forward to things settling down now and an improved NIM through lower cost of funding. Roll on a bright future.

Disc: Holding and fully participated in the allotment

[RTM]

well done Heartland. The foundations are set for growth, and what a long runway it is

Runways are usually pretty flat.

[LaserEyeKiwi]

Runways are usually pretty flat.

The purpose of a runway is to provide a surface to allow sufficient speed for takeoff

[RTM]

The purpose of a runway is to provide a surface to allow sufficient speed for takeoff

Yes...and I have seen the ones on aircraft carriers. They are often in rocky seas as well.