HGH - Heartland Group Holdings

**BlackPeter** · 25-08-2022, 03:10 PM

Originally Posted by alokdhir

But people via earlier placement got as much as they applied for ? Did they ? As thats what I understand from Percy's message ....

I would not expect that they got what they applied for if they applied for more than what they were entitled to.

Don't think either that percy wanted to convey this?

Percy?

**alokdhir** · 25-08-2022, 03:14 PM

Originally Posted by BlackPeter

I would not expect that they got what they applied for if they applied for more than what they were entitled to.

Don't think either that percy wanted to convey this?

.

"I do not like SPPs.
Seems stupid putting up a good deal of capital to get scaled back to 5% to 15% of what I applied for.
Rights issues are the only fair way as per the reasons you pointed out.
HGH have had plenty of time to organise a rights issue..
I have applied for a good number of shares in the placement for both myself and the wife.
See what happens."

Also he said latter ...he got all he applied for ...

So I assumed good number means he applied for more then entitlement and got them all ....

Maybe u can read his mind better ...

**ithaka** · 25-08-2022, 03:49 PM

Originally Posted by alokdhir

But people via earlier placement got as much as they applied for ? Did they ? As thats what I understand from Percy's message ....

My broker is Jarden. I was allocated about half of what I applied for. Perhaps other brokers had a different application/allocation ratio.

**alokdhir** · 25-08-2022, 03:56 PM

Originally Posted by ithaka

My broker is Jarden. I was allocated about half of what I applied for. Perhaps other brokers had a different application/allocation ratio.

Did u apply worth 50K NZD or more ??

**BlackPeter** · 25-08-2022, 03:56 PM

Originally Posted by alokdhir

.

"I do not like SPPs.
Seems stupid putting up a good deal of capital to get scaled back to 5% to 15% of what I applied for.
Rights issues are the only fair way as per the reasons you pointed out.
HGH have had plenty of time to organise a rights issue..
I have applied for a good number of shares in the placement for both myself and the wife.
See what happens."

Also he said latter ...he got all he applied for ...

So I assumed good number means he applied for more then entitlement and got them all ....

Maybe u can read his mind better ...

I can't read his mind either ... and there is no need for that as well.

I can read however what he said, and this does not include that he applied for more than he was entitled for.

Just assume that the "good" number he mentioned is either less or equal to his entitlements. ... and he said that's what he got.

Where is the problem?

**alokdhir** · 25-08-2022, 03:59 PM

Originally Posted by BlackPeter

I can't read his mind either ... and there is no need for that as well.

I can read however what he said, and this does not include that he applied for more than he was entitled for.

Just assume that the "good" number he mentioned is either less or equal to his entitlements. ... and he said that's what he got.

Where is the problem?

Maybe in our respective assumptions ...U assumed he applied for less or equal then 50K worth ....me thought good number means ..a lot !!!

**percy** · 25-08-2022, 03:59 PM

Originally Posted by alokdhir

.

"I do not like SPPs.
Seems stupid putting up a good deal of capital to get scaled back to 5% to 15% of what I applied for.
Rights issues are the only fair way as per the reasons you pointed out.
HGH have had plenty of time to organise a rights issue..
I have applied for a good number of shares in the placement for both myself and the wife.
See what happens."

Also he said latter ...he got all he applied for ...

So I assumed good number means he applied for more then entitlement and got them all ....

Maybe u can read his mind better ...

No mention about entitlement re the placement.
I did not want to waste time applying for say $50,000 in the SPP,only to receive $10,000 for wife and myself..
I therefore requested under $50,000 each for wife and myself from Craigs.
We received all we requested.I would guess it is up to your individual broker.
I threrefore will not be applying for any via the SPP [unless I change my mind.lol.]

**alokdhir** · 25-08-2022, 04:04 PM

Originally Posted by percy

No mention about entitlement re the placement.
I did not want to waste time applying for say $50,000 in the SPP,only to receive $10,000 for wife and myself..
I therefore requested under $50,000 each for wife and myself from Craigs.
We received all we requested.
I threrefore will not be applying for any via the SPP [unless I change my mind.lol.]

Thanks for clarifying ...as thats what I thought that there was no limit under placement ...limit is only for SPP

Also u applied around 50K each and got both in full ...no scaling down ...means they had lots to give ..

Just trying to get an idea what ratio will be for SPP ...at present it seems it can be also all applied for till 50K ...good chance of shortfall rather then excess applications ...as today is day 1 and SP is already 1.86 ....still plenty days to go