US$1300 is conservative. You can tell theyre setting an 'upper limit' so that they have adequate buffer. I expect them to come in materially lower, below the halfway point of that figure and FY23.
Management just setting the bar low for themselves.
I hold a lot of PRU and have just stepped in here for the first time - great buying in the low 80s.
Ann: 2024 Production Guidance, page-33
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