HGH - Heartland Group Holdings

[janner]

Paid far too much out in divies over the last few years I reckon - should have retained more earnings to fund growth?

DRP allows for those that wish to invest further .. Raising capital albeit quite small.

Allowing those who look for or need dividends to collect.

Disc. Holder

[trader_jackson]

Raised 20m at $1.46... must be very strong demand (not surprisingly)

[janner]

Raised 20m at $1.46... must be very strong demand (not surprisingly)

Exactly.. Win. Win for all concerned ..


Disc. Happy holder ( with DRP ).

[horus1]

I bought some . Scaled back by 30-40%. Very happy holder.

[iceman]

Raised 20m at $1.46... must be very strong demand (not surprisingly)

It will be disappointing of we the small SH don't get offered to partake at $1.46 as well ! No details on that yet except to say it will be at a discount to SP at the time

[Beagle]

All this talk of acquisitions over the last year or so has just been hot air

Sounds good though

I suppose he has to say something and look like the he's looking at something to justify that huge seven figure bankers package. The other day I was reading my granddaughter the story of the boy who cried wolf once too often... Last nights story was of the three little pigs. I suppose the capital raise is a good idea to ensure the lurking big bad wolf, (GFC MK2 if it happens), doesn't blow the house down but tier 2 would have made sense from an eps perspective.

[Bjauck]

I think a tier 1 is a prudent move and the option still remains for a tier 2 raising. SP only down 2% so far, so it seems to have had a good reception. I hope that loyal shareholders should be offered a spp at the same price or at a 5% discount, whichever is lower at the time.

[Not too Flash]

With over 10,000 shareholders $10m means only $1,000 each if all subscribe. The $15,000 maximum will be well watered down for the loyal shareholders....

[winner69]

With over 10,000 shareholders $10m means only $1,000 each if all subscribe. The $15,000 maximum will be well watered down for the loyal shareholders....

Some special / selected shareholders have already contributed

The SPP is just a goodwill exercise - you know that

[Bjauck]

With over 10,000 shareholders $10m means only $1,000 each if all subscribe. The $15,000 maximum will be well watered down for the loyal shareholders....

Plus having your cash tied up before getting a refund....Smaller loyal shareholders are used to being fed the scraps from the big table. Still I guess it's good if new shareholders have been brought onto the register.