The actuarial calculations are also heavily influenced by APRA requirements which are very conservative in terms of risk assessment.
I couldn’t agree more with your assessment, the liability provisioning looks like it has been made more on a “financial catastrophe” basis which, based on the current market conditions, is not going to eventuate.
This bodes well for us & I have been merrily topping up at the $3.50 level - absolute bargain in my opinion, but DYOR
House prices at new record high, page-4
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Last
$3.81 |
Change
-0.030(0.78%) |
Mkt cap ! $1.105B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.87 | $3.81 | $1.304M | 340.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16186 | $3.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.83 | 61 | 1 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |