Pretty lukewarm response from fellow shareholders a sentiment shared by this hound as well.
RBNZ stipulations are there for sound reasons and I will need a ton of convincing to vote in favour of yet another reorganization.
As for the cost of an ASX listing and its ongoing costs, come on. really ? My goodness just look at how much capital they have raised from N.Z. shareholders in the last 12-18 months ! Surely they are not implying that they have exhausted their ability to raise money on the NZX or that they need vastly more than what's already been raised ?
Last edited by Beagle; 01-08-2018 at 12:59 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Is this tacit admission of an inability to compete in banking in NZ?
Disc: Not holding.
Quiet the opposite.
HBL's strong NZ organic growth, means it is only fair the Australians should have the same opportunites as their lucky NZ cousins.
"Hi we are from NZ, and are here to help you."....
Quiet the opposite.
HBL's strong NZ organic growth, means it is only fair the Australians should have the same opportunites as their lucky NZ cousins.
"Hi we are from NZ, and are here to help you."....
Yup. And that has worked well for so many NZ companies entering Oz in the past.
The way I see it, NZ is a good steady profitable business but the big growth opportunities are in Australia. The ASX listing will certainly get it noticed and easy access to Aussie capital. Think MQG ��
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Originally Posted by macduffy
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