G'Day Insider, Going gangbusters at the moment and so it should. $4.42 currently and that really is a true minimum value for a company that has delivered strong results + good returns to shareholders for many years. They have intelligently diversified their business over the years and that continues to pay off as we have only just seen in their recent report. ie: one sector may be down due to increased steel costs but three other sectors will be a greater % higher. They ave really covered their own bases. The release of the spp shares may bring about a slight sp fall, but I'll certainly be one to hold as it will most certainly correct itself quickly and also deliver a 12 cent F/F dividend.
What a great deal!
On the spp front...the allotment of shares must be getting close. The terms and conditions stated under point number 7: The shares will be allotted on 28 February 2005 or as soon as possible after that date. Computershare Investor Services P/L will send you a holding statement in due course.
Gotta be close mate. Bring em on!
Regards, Snake13.
HIL Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
