HLG
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1.51% 33.5¢ hedley leisure and gaming property fund

anotherone bites the dust!!, page-3

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  1. RM8
    417 Posts.
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    02/07/09
    09:38
    Post #: 5347597

    This doesn't cover the fund, HLG.

    Hedley is merely a shareholder in the fund having resigned from the board.

    I suspect HLG would be in a better position had they stopped paying distributions earlier. Tom Hedley would have needed these badly to try to stave off bankruptcy of his other interests.

    HLG have re-negotiated finance with NAB so as a holder I'm now hoping for a recovery over time.

    Still a long term spec buy for me!
    HLG Price at posting: 25.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Currently unlisted public company.

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