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06-03-2014, 12:17 PM
#2811
Nearly in the modern age
I see that I can email the acceptance form so I am in for all I can get.
I will worry about portfolio weightings afterwards.
So I just need to print the scanned blank form, sign it, scan it and send it.
Bring on the day when if you send them the money electronically that is all you need to do to apply as per many ASX companies.
Best Wishes
Paper Tiger
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06-03-2014, 12:58 PM
#2812
Originally Posted by turmeric
Paragraph 9.2 in the SPP document says "If Heartland receives applications in excess of $5 million, it will scale back all applications on a proportional basis."
So I read that as all applications, be they big $15k or small $2.5k would be scaled back equally.
That was my reading of earlier info. I haven't received my investor pack yet.
Catch 22 - I expect it to be heavily oversubscribed so no point applying as it will tie up too much cash, but if everyone does they same, then it I will have missed out on a great opportunity.
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06-03-2014, 01:14 PM
#2813
Member
I'm not too familiar with SPPs, can someone explain how will this affect the share price once the new shares are issued? Will the price drop below the share issue price?
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06-03-2014, 01:25 PM
#2814
Originally Posted by newtrader
I'm not too familiar with SPPs, can someone explain how will this affect the share price once the new shares are issued? Will the price drop below the share issue price?
have a look at VML, SEA and a few others that have done recently.
My view, is it will hold Dow the price for a bit but definitely not below issue price due to a overhang, bit due to small pool, it will rise shortly after on its current trajectory.
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06-03-2014, 02:29 PM
#2815
My son has an entitlement and may not take it up.
Is there a way for me to fund this and then have them transferred to my ownership after they have been issued ?
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06-03-2014, 02:36 PM
#2816
Originally Posted by RTM
My son has an entitlement and may not take it up.
Is there a way for me to fund this and then have them transferred to my ownership after they have been issued ?
Yes,you can fund them,and then do an off market transfer for the ones he gets.
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06-03-2014, 03:10 PM
#2817
Yes, I was just looking at this thinking perhaps I would arbitrage by selling shares at 91cps to buy back and make a few cents per share... but then my maths reckons I'll be lucky to get half of any application, so is a bit of a gamble that I'll end up with too few.
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07-03-2014, 06:26 PM
#2818
I purchased a parcel of these on March 5th through DB and it goes Ex on March 10th,will I get divvy? Money settlement occurs on 10th,cheers
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07-03-2014, 06:31 PM
#2819
Originally Posted by couta1
I purchased a parcel of these on March 5th through DB and it goes Ex on March 10th,will I get divvy? Money settlement occurs on 10th,cheers
yep, record date is 12th
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07-03-2014, 06:32 PM
#2820
Originally Posted by Xerof
yep, record date is 12th
Thank you Xerof
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