what's up with HMY on ASX ?
All of a sudden HMY's Au 64c becomes 48.0c
Sure the Ozzie economy has taken a series of RBA inflicted Interest kingshots to date, so things aren't looking quite as rosy
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what's up with HMY on ASX ?
All of a sudden HMY's Au 64c becomes 48.0c
Sure the Ozzie economy has taken a series of RBA inflicted Interest kingshots to date, so things aren't looking quite as rosy
Heartland going to tank today because of the SVB meltdown?? Or nah she'll be right?
Ricketts has passed away
Was pretty dedicated to Heartland …..even had to put up with being called a ‘an old grey haired fuddy duddy’ by a shareholder at a ASM
http://nzx-prod-s7fsd7f98s.s3-websit...202/390539.pdf
With SVB we shouldn't be surprised when greed, myopia and complacency induces bankers to do stupid things. Like the risks of mismatched asset and liability term structures are taught in banker kindergarten. Lessons forgotten and SVB shouldn’t be bailed out
Heartland aren’t like that and match their assets and liabilities sensibly
No worries here …but markets might think all banks are going to fall over so you never know whether HGH will tank or not rawz
was thinking maybe some part time recreational investors that jumped into HGH after all the brokers picked it in the Heralds stock picks 2023 comp.. maybe these investors read this mornings head line and decide to get out in a hurry..... hope not that would be dumb
Markets on edge after US bank collapse
Heartland Bank’s regulatory capital ratio reduced to
13.15% as at 31 December 2022 (30 June 2022: 13.49%)
following the removal of any bank dividend restrictions by
the RBNZ on 1 July 2022. Heartland Bank continues to
operate significantly in excess of regulatory minimums and
is well positioned to meet the RBNZ’s future higher capital
requirements.
• The RBNZ future capital requirements are for a core
capital ratio of 11.50% and a total capital ratio of 16.00%
by 1 July 2028.
As Winner69 pointed out:
Heartland aren’t like that and match their assets and liabilities sensibly.