Should go the Black Peter way ...save a lot of stupid effort and just change the thread title
Easy job for Scotty or Admin
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The really big question is why the restructure in the first place......free trips to aussie for directors maybe.....or is it the chance to buy a reverse mortgage from one of the two or both of macquarry or bank west that have stopped issuing new reverse loans to its customers
yeh if Scotty is around then he could do it or indeed the admin
So I thought it was pretty clear why they restructured and fully explained within the thread...essentially - from my recall - so that they can grow the Australian reverse mortgage without the restraints of supervision.
Organic growth may be a bit slower with aussie govt. Providing reverse mortgages all be it as a weekly payment and the property market slowing hence the buying of reverse mortgage book from other providers may have been what pushed them outside the reserve bank overseas investment rules
No problem. Will contact Admin and ask to have the thread changed to Heartland Group Holdings Ltd.
Topped up today @ $1.54. Great yield- 5.84% net :)
Sad but true. Just had a look at the 2 year chart and you're dead right. Actually the shape of the chart bears a startling resemblance to the shape of Mt Taranaki. https://www.bing.com/images/search?q...E5&FORM=IQFRBA maybe because Mt Taranaki is heartland N.Z. or perhaps because it got a LONG way ahead of itself at the summit at $2.14.
Bought more at 1.54 Very cheap