HLI 5.15% $4.08 helia group limited

No big thing if they can’t make the buyback target & it is...

  1. 262 Posts.
    lightbulb Created with Sketch. 87
    No big thing if they can’t make the buyback target & it is pushing the share price up nicely.
    I wouldn’t mind them having a bit of excess capital up their sleeve, there is $190M of subordinated notes which are costing us swap plus 5% & can be redeemed at par from July 2025.
    I would be happy to see them save up & take out the notes.
 
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