around next friday 15/4 HHG will go ex capital return..this is a reasonably complicated scenerio to do a price comparison if looking for a trading opportunity.. here goes Calc @ 55p/0.402=AUD1.37 returning 52% capital ...
HHG 148.5 ~ to 161c
HHG 167 ~to $2.00
HHG 173(old high) ~ to $2.12
As you can see because of the huge capital reduction the price will increase even after cash returned.
good luck all...this will be very interesting over the next 2 weeks holding 75K HHG.
