And claimed the depreciation...A great deal...
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Just a heads-up folks. HGH have dropped their interest rate on their call account to 2.25% from 2.5%.
They are still paying 3.45% for 9 month term deposits but for how much longer is anyone's guess ?
Which I am hoping is good news for the share market - to continue driving demand out of deposits and into equities. a 1.5% aftertax deposit return is nothing to get excited about.
(I wonder if we are getting close to the point where banks will charge us to look after our money)
Talking to Jeff Greenslade after the presentation ,I managed to make him smile with my comment "it is better to own the bank rather than have money in the bank."............lol.
What does the latest announcement mean
Bit of a mystery to me why the SP has slumped today, to $1.60 ...
... but a good opportunity to top up for me. :t_up:
The very successful bond issue resulted in HGH sp dropping 4,2% ie 7 cents today,to close at $1.58.??,,,.lol.
Not sure whether that is funny ha ha, or funny peculiar.?