HNB Share Split

Eranx · 1 HNB Share Split Tue Jul 20, 2021 1:20 pm

Eranx

Senior Equity Analytic

Posts : 64
Equity Stars : 271
Reputation : 0
Join date : 2021-01-26

There are rumours for months that HNB will go for a Split. What are your thoughts on this?

ADVENTUS · 2 Re: HNB Share Split Tue Jul 20, 2021 8:00 pm

ADVENTUS

Moderator

Posts : 219
Equity Stars : 664
Reputation : 6
Join date : 2020-07-02

@Eranx wrote:There are rumours for months that HNB will go for a Split. What are your thoughts on this?

What's the benefit? nothing.

Eranx · 3 Re: HNB Share Split Thu Jul 22, 2021 10:31 am

Eranx

Senior Equity Analytic

Posts : 64
Equity Stars : 271
Reputation : 0
Join date : 2021-01-26

To increase the liquidity when both banks having the qty of +1bn HNB is the only bank still holding the 300mn qty in supply. NAV is near to 300.. Performed well during the covid and can see collections going on for HNB.X @110 and Bill & LOLC have already collected the 10% of stake @125-130 levels.. During last correction the support was indicated as 124 and the future for HNB is promising!!!

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Can there be another Covid-19 wave in Sri Lanka?

Latest topics

HNB Share Split

1 HNB Share Split Tue Jul 20, 2021 1:20 pm

Eranx

2 Re: HNB Share Split Tue Jul 20, 2021 8:00 pm

ADVENTUS

3 Re: HNB Share Split Thu Jul 22, 2021 10:31 am

Eranx

4 Re: HNB Share Split

Sponsored content