HMY - Harmoney Corp Limited

[winner69]

Results out. I can see why heartland got in on this. Probably not the best at ipo. But those lows it reached over a month ago were a great time to get in

Amazing presentation eh

http://nzx-prod-s7fsd7f98s.s3-websit...232/353608.pdf


Heartland only bought a few as a bit of financial engineering to make their books look better. wouldn't read anything more into it

[KJMLimited]

Superb result. This is a key line for me:

Break even pro forma cash net profit after tax, with a pro forma loss after tax of $8.9 million before non-cash items and normalisation adjustments.

Breakeven operating cashflow. When Diligent got to this stage it began that steady rise from 20c to $5+.

[Getty]

Doesn't look like the market agrees with amazing and superb.

Dumped down 7.8% to $1.90 so far today.

Harming money...

[Dlownz]

There's one thing with the share market. Sometimes **** just gets weird. Look at sky. On the result it gets dumped almost 1 cent to 15.4. Now its at 18.5. Yes over priced at ipo. But now. Hmm. Maybe but they seem to be hitting their marks. Maybe someone else has better insight or knowledge. 😊

[nztx]

what - no dividend this year ?

[winner69]

About 73 million shares come out of escrow tomorrow

[nztx]

About 73 million shares come out of escrow tomorrow

Any guesses for tomorrow's prospects ?

[KJMLimited]

About 73 million shares come out of escrow tomorrow

This is not correct. The total amount of escrowed shares is about 73m. 25% of those come out of escrow tomorrow which is the day after the FY audited results are released. The next 25% come out of escrow the day after the audited half year result for Dec 2021 (sometime in late Feb/Mar 2022) and the last of them (50%) come out of escrow after the release of the audited full year result for the year ended June 2022 (sometime late Aug/early Sep). So there is not 73m shares coming onto the market tomorrow, there are a maximum of 18.5m - and not all of those are necessarily going to be sold. All this information comes from the prospectus (except for my comment about the likelihood of some not being sold, which is just an opinion).

[winner69]

This is not correct. The total amount of escrowed shares is about 73m. 25% of those come out of escrow tomorrow which is the day after the FY audited results are released. The next 25% come out of escrow the day after the audited half year result for Dec 2021 (sometime in late Feb/Mar 2022) and the last of them (50%) come out of escrow after the release of the audited full year result for the year ended June 2022 (sometime late Aug/early Sep). So there is not 73m shares coming onto the market tomorrow, there are a maximum of 18.5m - and not all of those are necessarily going to be sold. All this information comes from the prospectus (except for my comment about the likelihood of some not being sold, which is just an opinion).

Thanks for clarifying.

18.5 million is a still fair chunk ….esp relative to about 54 million of non-escrowed shares

But things are looking so bright they might be happy to keep holding.

[KJMLimited]

Thanks for clarifying.

18.5 million is a still fair chunk ….esp relative to about 54 million of non-escrowed shares

But things are looking so bright they might be happy to keep holding.

a lot depends on who the buyer is. A trade buyer would, stir things up.