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  1. #15851
    percy
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    Quote Originally Posted by mfd View Post
    Strong vote of confidence from the board. Looks like almost $23 million of the $130 million placement went to directors.

    https://www.nzx.com/announcements/398224
    Now that is very serious "skin in the game".

    What is 'Skin In The Game'. Skin in the game is a phrase made popular by renowned investor Warren Buffett referring to a situation in which high-ranking insiders use their own money to buy stock in the company they are running.
    Last edited by percy; 05-09-2022 at 11:17 AM.

  2. #15852
    Speedy Az winner69's Avatar
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    Quote Originally Posted by percy View Post
    Now that is very serious "skin in the game".

    What is 'Skin In The Game'. Skin in the game is a phrase made popular by renowned investor Warren Buffett referring to a situation in which high-ranking insiders use their own money to buy stock in the company they are running.
    Tomlinson and Ricketts own 12.6% of the company between them
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #15853
    percy
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    Quote Originally Posted by winner69 View Post
    Tomlinson and Ricketts own 12.6% of the company between them
    Sage investors.......................

  4. #15854
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    Quote Originally Posted by percy View Post
    Was not going to,but changed my mind and applied for some in HGH's spp.
    Very easy to complete the application form.
    How did you fare this time Percy? My wife applied for well below $50.000 worth and got just 43.2 % of her application!

  5. #15855
    percy
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    Quote Originally Posted by herbert240 View Post
    How did you fare this time Percy? My wife applied for well below $50.000 worth and got just 43.2 % of her application!
    I do not know yet.
    It closes tonight.5th.
    SPP results out on Thursday.8th
    SPP shares allocated on Friday.9th
    SPP shares start trading next Monday 12th.
    My application money went out of my bank a/c on Wednesday 31st August.
    Last edited by percy; 05-09-2022 at 03:15 PM.

  6. #15856
    Guru
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    Aug 2012
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    Quote Originally Posted by percy View Post
    I do not know yet.
    It closes tonight.5th.
    SPP results out on Thursday.8th
    SPP shares allocated on Friday.9th
    SPP shares start trading next Monday 12t.
    My application money went out of my bank a/c on Wednesday 31st August.
    In the end I applied for half the equivalent value for my holding, as if the whole capital raising had been a rights issue. It will be interesting to see how “fairly” they treat my application.

  7. #15857
    Senior Member
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    Do you think it will be scaled based on your holding or on what they choose to accept? I'm guessing if it's only slightly over the 70 mil subscription there will be no scale back at all.

  8. #15858
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    Quote Originally Posted by mike2020 View Post
    Do you think it will be scaled based on your holding or on what they choose to accept? I'm guessing if it's only slightly over the 70 mil subscription there will be no scale back at all.
    "If the SPP is oversubscribed, applications will be scaled having regard to shareholdings at the Record Date, and otherwise at Heartland’s discretion."



  9. #15859
    Member
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    Apr 2002
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    Quote Originally Posted by percy View Post
    Was not going to,but changed my mind and applied for some in HGH's spp.
    Very easy to complete the application form.
    Quote Originally Posted by percy View Post
    I do not know yet.
    It closes tonight.5th.
    SPP results out on Thursday.8th
    SPP shares allocated on Friday.9th
    SPP shares start trading next Monday 12th.
    My application money went out of my bank a/c on Wednesday 31st August.
    Strange...Craigs have already made an entry in my wife's online portfolio showing what she is getting! It would seem some Craigs branches work differently!

  10. #15860
    Guru
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    Quote Originally Posted by herbert240 View Post
    Strange...Craigs have already made an entry in my wife's online portfolio showing what she is getting! It would seem some Craigs branches work differently!
    Did you apply though Craigs and not via online process with Link Markets Services?

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