Yes, it keeps the share price ticking along with out the wild speculations.
Printable View
looks like a break out here.... 2.10 held for a while but now is support.
$2.16 New All Time Closing High knocking 15-Dec-2017 off the top of the podium.
Also over 15% of my NZX portfolio so no DRiP for me.
....or should I be grateful as a shareholder ? Certainly clarifies why I have no cash with HGH anymore.
Attachment 12838
If you don't like the interest rates you'd receive from Heartland you could always invest with one of the big banks like ANZ.
They are currently paying 0.05% on an ordinary savings account and up 0.20% on a "serious saver" (haha) account.
Guess all these rates explain why the share market is increasingly popular.
that assumes one manages to navigate through the sea of AML Documentary B**L***** to get there first .. ;)
Know a few who got lost along the way & in frustration abandoned attempts ..
Needless to say, they're smiling on their choice of owning a slice of the bank instead .. ;)
It is a more difficult decision to have cash and term deposits when the interest rates are so far below the CPI inflation rate! However with asset prices at current levels and with a lot of uncertainty with Covid progression, My bank deposits have never been higher. I have split them between Heartland and two big Australian owned Banks. Heartland rates are slightly higher. Heartland Bank shares also comprise about 7% of my share portfolio.