I spent some time this morning looking through all the result announcements since listing: quarterly, half year and full year (takes a while for Adelaide winter mornings to rise to an acceptable temp, so a Scottsman has gotta do something to stay warm).
Fun fact, since its May 2014 listing, as either Genworth or Helia, could not find a single announcement where they delivered a capital level within a Board approved target capital range. Always higher than maximum target.
Kind of makes the board look silly when in May of 2022, in their ASX announcement, it stated that it was the Board’s intention to “return capital levels to within the target range within the next two years”.
How do you return to somewhere you have never been before?
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