Hopefully nothing to see here, in any case whatever the accounting treatment looking at the business from a money in less money out basis it's solid. The only impact from an accounting change is really when the money in less money out is recognised as a profit (or a loss). One concern is that this may impact timing on the release of capital, how reinsurance is assessed as part of capital adequacy may also be affected. Hopefully analysts like GS will provide a write up post the call, in lay terms.
Ann: AASB 17 Investor Briefing, page-4
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Last
$3.91 |
Change
0.070(1.82%) |
Mkt cap ! $1.119B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.95 | $3.84 | $936.7K | 240.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 5397 | $3.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.92 | 2282 | 17 |
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| Last trade - 12.42pm 31/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |