Hope you got onboard, Xerof.
Been a lovely easy play so far - 65 cents vs entry price of 54 cents = 20% gain in 2 months!
Thanks to Dodgie Georgie.
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Gee, thanks for thinking of me Balance. My view is well known, and summarised in post #541 on this thread. All going to expectation, and now entering the high risk/high return zone around that second tranche of 'reluctant' underwriting level of 65 cents, where supply MIGHT appear, but if that overhang is not too distressed, perhaps they will risk waiting for the RBNZ decision in November
I do not hold and will not buy. That has always been my position since warning you people years ago that buying PGC/heartland spin-off was a bad idea. I sincerely wish all long term holders luck, and hope the price does return to somewhere near your entry prices.
I dont expect you will need to ask me again Balance, if I got in.....i suggested the fog had lifted, but stated very clearly that I would not be buying
Trying to understand this post.The banking licence appears to be ahead of shedule,the business appears to be well run and on course,the trading volume of shares is steady,and appears to be attracting long term holders.I would have thought it would be earnings,earnings growth and prospects,together with dividends that would drive the share price.?
Appearances can be deceptive Perc :)
Disc. Holding
65 cents could see the underwritten stock come out - maybe but unlikely in my opinion.
The biggest chunk of the underwritten stock went to PGC and that's gone.
I suspect the other underwriters got out when the going went tough ad most of the stock has gone to the likes of Tomlinson and Philip Carter. They are multi-millionaires because they have holding power.
This could be a great long term hold, especially so when they start paying dividends.
I finally bought a few days back @55c and lucky days The Heart has risen steadily since. Thanks to all the Groovy Gurus posts to page 45 a good story. .