HLG - Hallenstein Glasson

[Rawz]

Well Beagle nailed it again… what a legend

[Balance]

$8.00 …. Here we go!!!!

[Baa_Baa]

$8.00 …. Here we go!!!!

This will be interesting, let's see how the big guns navigate such low liquidity, guess big gap up tomorrow from punters/speculators and then as this takes effect, a hold-out on the Ask forcing constraints on volume buy's, like why sell now when you can string-out the big money for much higher prices. More interesting might be whether long hold money decides to provide some Ask volume and exit some of theirs into the bid.

[winner69]

This will be interesting, let's see how the big guns navigate such low liquidity, guess big gap up tomorrow from punters/speculators and then as this takes effect, a hold-out on the Ask forcing constraints on volume buy's, like why sell now when you can string-out the big money for much higher prices. More interesting might be whether long hold money decides to provide some Ask volume and exit some of theirs into the bid.

I’m not giving them mine ….yet

[ValueNZ]

$8.00 …. Here we go!!!!

A stock is worth 50% more because it's been added to the NZX50?

[Onemootpoint]

This will be interesting, let's see how the big guns navigate such low liquidity, guess big gap up tomorrow from punters/speculators and then as this takes effect, a hold-out on the Ask forcing constraints on volume buy's, like why sell now when you can string-out the big money for much higher prices. More interesting might be whether long hold money decides to provide some Ask volume and exit some of theirs into the bid.

it will definitely be an interesting watch and how and when it all plays out.

[Balance]

A stock is worth 50% more because it's been added to the NZX50?

It has always been worth a lot more than it has been trading at imo - lack of interest from brokers, analysts and instos due to it not being in the NZX50.

Now they have no option but to take interest.

They will find a well managed company with an excellent track record and a reliable high dividend yielder. And an outstanding conservative balance sheet with cash in the bank - similar to Briscoes.

And with its inclusion in the NZX50, they are going to have to pay up to get set as the stock is tightly held by mostly retail investors and management/directors.

Happy times ahead!

[Balance]

big jump last week for sure , took the chance to off-load my stock yesterday after buying for the div previously. maybe i should thank those spec buyers who brought on nz50 speculation lol

Nice one, BS.

Now you are going to tell us you bought back today, right?

[Baa_Baa]

A stock is worth 50% more because it's been added to the NZX50?

Worth more, or priced more? Don't confuse the market price, with the company value. It could easily be priced more by the market, despite whatever value you assign to it. Getting into the NZX50 (again) is a big deal, there's some big money that are literally forced to take a position, and there's feck all sellers on any given day. What do they say, when demand exceeds supply? Price goes up, it's just a market doing its thing.

Tomorrow and next few days will be very interesting, like who wants a piece of this who hasn't already got some? Before the big money, so you can sell to them when it gets silly over priced. It doesn't happen all that often, but it's happening now with this one. Enjoy, it's rare that small holders have any advantage. Only disadvantage is the minnows are not experienced in taking that advantage.

[alokdhir]

Well Beagle nailed it again… what a legend

Check MLN thread to know how your " Legend " was ramping it at 1.55 + .....but all is forgotten if money made on HLG ...well done buddy !!!