2024 NZX Stock Picking Comp

[winner69]

HGH announcement today will create an interesting exercise for XP04, given it is a popular competition choice with, by my count, 30 entrants selecting it as a pick.

When the current trading halt is lifted the share price will be quoted "ex entitlement" but holders should be credited with another 1 share for every 6.85 held (fractional outcomes are rounded down) at a $1 subscription price, at least from the allotment date.

XP04 may be kind enough to tell us all how/when the competition spreadsheet is to be adjusted?

I’d say let him assume those 30 won’t participate in the cap raise because they don’t have ‘spare cash’ to do so eh …..so number of shares don’t change.