Craigs used to be big cheer leaders for HLG,however they no longer cover it.
I am sure if they still covered it, they would be putting their clients into it after todays announcement.
That leaves the field wide open for you Couta1......lol.
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Reminds me of AIR about a year ago...I bought in around the 10% yield mark...felt very cheap at the time (unfortunately sold a little too early midway through the following sp excitement)
Bought a few more hlg today though...happy to let it fester for a good while
Fester in the scotch whisky sense...rather than the bowl of fruit sense!
LOL thanks for clarifying that :) Yes just like with AIR you know when there's a 10% net yield on offer from a high quality well managed company with a long track record the dividend hounds will be in like a pack of hungry wolves...too tasty to resist and usually does not last as the market rerates the stocks with fruit that's hanging too low.
My rating BBB+ (Beagle busy buying)
Hopefully they can find enough fruit in the aussie orchards to keep the market distracted
Just went to buy more at 3.52, somebody got in first. Was that you Beagle?;). Might buy some more on close before all those Aussies do:).
I think after that update some of you guys are being a bit optimistic hoping to get any more under $3.50...but one supposes you never know... but I wouldn't rule out other hounds chasing them too :D
P.S. Mate I sprung out of the starters gate like a startled greyhound this morning, (after reading that market update) and got a few at the open $3.45 and a few more later in the high 340's. Couldn't believe it didn't immediately gap up to over $3.50 really... right from the get go today.