PGL prospa group limited.

Ann: FY2019 Results Announcement, page-3

  1. 8,760 Posts.
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    The only concern I have is here:

    https://hotcopper.com.au/data/attachments/1705/1705440-8101cfa1d735df5d9a7fc06a51e18226.jpg

    Which I believe is explained here:

    https://hotcopper.com.au/data/attachments/1705/1705450-09e7bde6ea03c6eb1c2108f0f3e1b80a.jpg
    Furthermore - what is the underlying asset which suffered from a fair value movement?

    https://hotcopper.com.au/data/attachments/1705/1705460-de2777912883cffc3215a3312171bbb7.jpg
    And what derivatives did they use for the IPO? Were they hedging against the IPO price?
 
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