It doesn’t matter if they’re not writing new business while they’re buying back shares at discount to NTA and effectively at high ROE. Ie. Capital reinvested in their own shares at this level is more accretive than writing new business.
It doesn’t matter if they’re not writing new business while...
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Last
$3.89 |
Change
-0.010(0.26%) |
Mkt cap ! $1.126B | |||
| Open | High | Low | Value | Volume |
| $3.93 | $3.95 | $3.88 | $2.701M | 691.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2857 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.91 | 2944 | 3 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| HLI (ASX) Chart |