CGF 2.41% $6.37 challenger limited

Why has the share dropped., page-84

  1. 1,496 Posts.
    lightbulb Created with Sketch. 1358
    The reason for CGF's fall? Rising interest rates raising questions about annuities business.

    Perhaps someone should tell these guys that long-term Australian bond yields have fallen in 2018, and quite a bit.

    Besides, I keep missing why annuities would be less attractive in a higher yield environment.
 
watchlist Created with Sketch. Add CGF (ASX) to my watchlist
(20min delay)
Last
$6.37
Change
0.150(2.41%)
Mkt cap ! $4.402B
Open High Low Value Volume
$6.25 $6.43 $6.22 $26.64M 4.198M

Buyers (Bids)

No. Vol. Price($)
1 880 $6.35
 

Sellers (Offers)

Price($) Vol. No.
$6.37 999 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
CGF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.