Yeah I'm kind of not buying that and point 10. Still, heart in mouth as I read these 53 page ASX queries. Again, mixed feelings, glad the ASX are dredging everything for us shareholders, bothered it has to happen
Does the lower revenue and profit for RSM/ Genesis mean that the IPO will be less value or are they not as critical to the overall portfolio? I note this ASX query was dated before HMls most recent $6.60 announcement came out. ASX must have been bemused.
My head is spinning. I think I am glad this is in suspension. Certainly when they come out they will have a hook of a fat dividend to keep people in. I doubt it can be franked, and if they elect DRP on their own money in HML (let's not forget they own most of it themselves, they win and lose equally with us here) then they don't have to fund that much of a dividend. Depends on the option thing I guess.
Lifts head from table, stops shaking it
HML Price at posting:
$1.99 Sentiment: None Disclosure: Held
