HVN 0.00% $4.88 harvey norman holdings limited

Captital Raising, page-36

  1. 1,223 Posts.
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    Well, HVN shares are too expensive. I will buy when they are cheaper. They were $3.00 last December. I can wait until they go down. Plus I aviod heavily shorted stock. And $2.50 is my entry point.
    Most unlikely you will get HVN back to $2.50 which was my entry point some years ago. If we get to recession then maybe, but otherwise I think a realistic entry point would be between $3 and $4.

    I will otherwise keep a watch on HVN, particularly over the next month before it goes ex dividend on 10 October. If it gets well under $4 post rights issue, then I will likely top up
 
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