Details of the demerger has not been made public, expected new listing prior to December 2016.
There has been no proposal on share allocation for HIL holders.
With the split of shares or extra shares issued due to the listing, there must be an impact on the existing HIL share price.
What will the impact be?
You cant just demerge a company and merge it somewhere else and have a positive impact on a new listing without there being some impact on the existing HIL business / revenues.
Someone care to expand?
This may have formed a short term top already, needs to form a further high or it may well have reached its peak?
Cheers
HIL Price at posting:
70.0¢ Sentiment: None Disclosure: Not Held
