HLG own about 100 pubs on the east coast, mostly quality pubs and fully tenanted, some with
pokies and retail liquor outlets...HLG floated in July 2007 at $3.50 per share, they closed today
at 27c mostly due to there 745 million in debt that needs to be refinanced by Aug 2010.
Anyway they announced (after market close today) that they will not pay a final distribution for
FY09 saving them about 6 million....i figure they will get smashed tomorrow
anyone have an opinion?