Does this mean heartland have bought a blocking stake
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Whats the reasoning behind this?
...and that 10% applies to the whole holding eh
But still facing quite a hit on the P&L at June because at half year HMY shares were still over $3
I sense a 'normalised' profit being reported
They might be able to change their accounting methodology and treat movements in such 'investments' through Other Comprehensive income
Market is always forward looking so its neat how they will tell us what FY22's profit will be when they report next month. Their predicative ability is very cool.
Heart always skips a beat when I see 5pm Friday announcements come through. But this one's a positive with another $45m MTN issue.
https://www.nzx.com/announcements/375432
Added some more today on the late afternoon dip.
HGH near the top of the losers board …..down 2.4% ….almost as bad as BLT
Things like this aren’t meant to happen
Good day for HGH after picking up some very cheap HMY shares recently :)