HGH - Heartland Group Holdings

[mfd]

It is not really a problem for the SPP if the share price falls below 1.80 as the issue price will adjust if necessary.

"The offer price of these Shares will be the lower of the Placement offer price of NZ$1.80 and a 2.5% discount to the five-day volume weighted average price of Heartland shares traded on the NZX over the five business day period prior to, and including, the closing date of the SPP offer"

[alokdhir]

It is not really a problem for the SPP if the share price falls below 1.80 as the issue price will adjust if necessary.

"The offer price of these Shares will be the lower of the Placement offer price of NZ$1.80 and a 2.5% discount to the five-day volume weighted average price of Heartland shares traded on the NZX over the five business day period prior to, and including, the closing date of the SPP offer"

VWAP needs go below 1.84 to get below 1.80 ...its VWAP of 5 days ...while spot price on market maybe more interesting !!! Minus all the troubles of forms and waiting etc

[mfd]

If it doesn't go below 1.84 then the SPP is a great deal at 1.8. if it does go below, the 2.5% discount to VWAP has your back.

[Ggcc]

If it doesn't go below 1.84 then the SPP is a great deal at 1.8. if it does go below, the 2.5% discount to VWAP has your back.

With the Dow dropping as much as it did on Friday expect to see a sea of red today including HGH. If not woohoo

[alokdhir]

I listened to great Mr Jeffs advise to small shareholders like me ...He said if u cant see the big picture ...please exit ...As I do see the big picture from small shareholder side and exited fully ....as I dont want to stay with selfish and overambitious with my money kind of management . I also need to protect myself and look after myself ....so I will come back if suits me ....like management has done ...this current situation entirely suits them at small shareholders cost .

AIR did much better for the benefit of small shareholders while raising huge capital

[mfd]

With the Dow dropping as much as it did on Friday expect to see a sea of red today including HGH. If not woohoo

I'm hoping for a nice fall over the next week or two so that the SPP shares are cheaper.

[Balance]

I'm hoping for a nice fall over the next week or two so that the SPP shares are cheaper.

Interesting to see how many of the 72.22m shares placed at $1.80 allotted on Friday finds its way into the market over the course of this week?

http://nzx-prod-s7fsd7f98s.s3-websit...705/377687.pdf

[alokdhir]

As expected weakest stock on NZX is HGH ....thanks Mr Jeff

[nztx]

As expected weakest stock on NZX is HGH ....thanks Mr Jeff

$1.55 next week ?

It always amuses me as to why HGH never really takes off like others to any degree ..

[alokdhir]

$1.55 next week ?

It always amuses me as to why HGH never really takes off like others to any degree ..

1.55 will come eventually if S&P reaches 3600 again ...but not next week ...maybe after 20th Sept ...fingers crossed ...lol