Trades going through look too much like retail buying (many smaller individual orders) and (in the know, volume) institutional selling?
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I reconk just a fear...remembered the sp dripped to $1.10 ish...couple years ago...
As suggested may need more cash .....especially if REL things have really taken off.
Been paying too much out in divies last few years
Wouldn’t be the first time they had a capital raise and then given most back to share holders as a divie ....dumb eh
It is too soon to decide how any future capital requirement would be met but, given the quantum of the requirement and the length of the transition period, and based on Heartland's forecasts, it would be possible for Heartland to satisfy the requirement using its dividend reinvestment plan.
Jeez ...we need to go back to July 2016 to have a share price this low ....thats some time sgo
https://www.nzherald.co.nz/business/...ectid=12204230
100 fewer million dollar property suburbs in Sydney in latest survey.
And better wish HGH has not done reverse mortgages in Box Hill!
"Houses in Box Hill in Sydney's north west saw the biggest drop in value, falling from A$1.5 million to A$896,000 in a year" - there's your 40% drop already and all in 1 year!