Well we may yet see HMY investment paying off for HGH..
They are doing what they say they will do, and going gangbusters in Aussie.
Printable View
Headline from Percy’s link
Heartland absorbs pressures to post $48m half-year profit
Wow ….NZ Reverse Mortgages …Profit UP 40% to $17.9m in H1
That’s pretty good
A few of the big banks did have reverse mortgages and then dropped it I thought a few years ago - pre (start)covid years
May be they will re think it - well may be not while property prices seem to be dropping!
I recall a few others trying and dropping it some years ago.
it’s a niche area for HGH; how would increased competition influence shareholders and therefore share price though.