I quite like that big file. If I loose my fattened wallet, its comforting to know there is a backup.
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Hard for me to fathom why HBL is up to $2.07 a day before bookbuild (remembering the price the day before the bookbuild is upper limit) the cynic in me says manipulation....but that wouldn't happen on the NZX would it ?
Theres another reason for reading the offer documents more closely. I didn't realise if I didn't take my options up I'd get paid a premium for my unused options after book build. Might explain sudden spike in price today
I am guessing a bookbuild price around $1.80. I don't think the big boys will buy close to $2 but then again I don't know anything. Maybe I came up with $1.80 more out of hope?
Same here minimoke. I had not noticed that. A nice little Christmas present for those that didnīt or couldnīt participate.
"Any premium above the issue price that is achieved in the Shortfall Bookbuild
will be shared between those shareholders who did not, or were unable to,
take up their rights, in proportion to the number of rights not taken up. Any
premium will be paid to those shareholders by 21 December 2017. "
I commend HBL for how they have handled this rights issue and have treated us shareholders very fairly with 82% of rights available taken up. I also commend the Shareholderīs Association for their part in achieving this. A great result for all.
[QUOTE=iceman;695985
I commend HBL for how they have handled this rights issue and have treated us shareholders very fairly with 82% of rights available taken up. I also commend the Shareholderīs Association for their part in achieving this. A great result for all.[/QUOTE]
They are a good example to other companies in my opinion..
This is why HBL have so many long term holders such as yourself and Percy singing the praises with such fervour..
Disc. Long time very happy holder..