April 9 (Reuters) - Clearview Wealth Ltd (CVW) :
- DOES NOT CURRENTLY ANTICIPATE NEED TO RAISE ANY EQUITY CAPITAL IN CURRENT MARKET ENVIRONMENT
- CHAIR OF BOARD BRUCE EDWARDS SIGNALED HIS INTENTION TO RETIRE FROM BOARD ON 30 JUNE 2020
- HAS ACCESS TO A $60M DEBT FUNDING FACILITY, WITH $50M DRAWN DOWN AS AT 31 MARCH
- INDEPENDENT NED GEOFF BLACK WILL BE APPOINTED AS CHAIR
- NOT INTEND TO UNDERGO ANY ON-MARKET SHARE BUY-BACK ACTIVITY GIVEN CURRENT ENVIRONMENT AND MARKET CONDITIONS
- DOES NOT CURRENTLY ANTICIPATE NEED TO RAISE ANY EQUITY CAPITAL IN CURRENT MARKET ENVIRONMENT
- POTENTIAL TIER 2 DEBT ISSUANCE WILL BE CONSIDERED IN DUE COURSE AS MARKET CONDITIONS IMPROVE IN MEDIUM TERM
- LIKELY SEE INCREASE IN CLAIMS & LAPSES IN MONTHS AHEAD THAT WILL HAVE NEGATIVE IMPACT ON 'BASE' (PRE-COVID-19) CASE PROJECTIONS
News: CVW Clearview Does Not Currently Expect To Raise Equity Capital
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Last
46.0¢ |
Change
-0.015(3.16%) |
Mkt cap ! $302.5M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.0¢ | $179.1K | 377.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 127293 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 48.0¢ | 50000 | 1 |
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| Last trade - 16.10pm 29/07/2025 (20 minute delay) ? |
| CVW (ASX) Chart |