One calculator session later
Quote:
Originally Posted by
hilskin
Just received a letter in the post from Heartland Bank, an exclusive offer for shareholders for term deposits.
5 months 4.50% and 15 months 4.75%.
Unfortunately I have just pumped the remainder of my cash into Chorus (long term outlook) so can't help out but if any of you shareholders have any cash you are looking for a home why not put it somewhere we can all benefit. :-)
I will assume that the 4.75% is per annum which at a share price of $0.80 equates to a fully imputed dividend of 2.736c per annum.
Best Wishes
Paper Tiger