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  1. #9821
    Senior Member
    Join Date
    Nov 2013
    Posts
    576

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    Quote Originally Posted by see weed View Post
    Is DRP= to av. price over next 10 Buss. days from ex div date? If so 20/9/17 is last day, then sp will get stronger after that?
    Thought it was 5 days which would mean yesterday

  2. #9822
    Member
    Join Date
    Aug 2015
    Posts
    388

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    Have had 3 term investments with HBL expire in Sept and heard nothing in writing or by phone.Phone call to local branch and was told the former staff member who handled expiring investments had left and a new person was handling it.Voiced my disapproval.
    Piss poor effort from a company on the way up imo.

  3. #9823
    Guru
    Join Date
    Feb 2005
    Location
    Auckland, , New Zealand.
    Posts
    3,241

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    Quote Originally Posted by beetills View Post
    Have had 3 term investments with HBL expire in Sept and heard nothing in writing or by phone.Phone call to local branch and was told the former staff member who handled expiring investments had left and a new person was handling it.Voiced my disapproval.
    Piss poor effort from a company on the way up imo.
    Would not expect a call if I had left instructions as to what to do on expiry.

  4. #9824
    Member
    Join Date
    Aug 2015
    Posts
    388

    Default

    True,however i am unemployed and have been for a few years so circumstances in my case can change very rapidly so as per their investment statement i wish to receive either a letter or phone call from them prior to expiry.

  5. #9825
    Member
    Join Date
    Jan 2015
    Posts
    356

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    Quote Originally Posted by ziggy415 View Post
    Thought it was 5 days which would mean yesterday
    https://shareholders.heartland.co.nz...r-document.pdf

    "7.2 The Strike Price will be calculated in accordance with thefollowing formula:SP = P x EWhere:P is the volume weighted average sale price in New Zealanddollars (expressed in cents and fractions of cents) for aShare calculated on all trades of Shares which took placethrough the NZX Main Board over the period of 5 tradingdays immediately following the Record Date."

    Emphasis mine.

  6. #9826
    Advanced Member
    Join Date
    Jul 2000
    Location
    Masterton, , NZ.
    Posts
    2,252

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    Wife closed call account by email Monday money in our Westpac account next day -impressive I thought.
    Quote Originally Posted by beetills View Post
    Have had 3 term investments with HBL expire in Sept and heard nothing in writing or by phone.Phone call to local branch and was told the former staff member who handled expiring investments had left and a new person was handling it.Voiced my disapproval.
    Piss poor effort from a company on the way up imo.

  7. #9827
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,247

    Default

    Quote Originally Posted by tim23 View Post
    Wife closed call account by email Monday money in our Westpac account next day -impressive I thought.
    I am having a bit of a chuckle to myself about your post.
    Would any one like to tell tim23 why.?

  8. #9828
    Investor
    Join Date
    Oct 2016
    Posts
    200

    Default

    Quote Originally Posted by percy View Post
    I am having a bit of a chuckle to myself about your post.
    Would any one like to tell tim23 why.?
    Because the funds were on call . . ?

  9. #9829
    percy
    Join Date
    Oct 2009
    Location
    christchurch
    Posts
    17,247

    Default

    Quote Originally Posted by Investor View Post
    Because the funds were on call . . ?
    40%......... there,but there's more.!!??

  10. #9830
    Member
    Join Date
    Aug 2003
    Location
    Switzerland
    Posts
    110

    Default

    Quote Originally Posted by percy View Post
    40%......... there,but there's more.!!??
    You shouldn't be able to close an account by email?

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