I think the wind is behind them with future growth prospects.
* RBA has flagged low rates to stay for the next few years
* Term deposits offering poor returns for retirees
* Aged demographic increasing
* Challenger is great alternative to leaving your money in the bank
Putting aside the share price . Remember you are purchasing a share in the company (and you are now a part owner) and a belief in its ability and the people driving it.
To me it makes sense and as long as nothing comes from left-field there is growth potential.
I prefer this stock not to get ahead of itself too quickly as the higher the price the more risk ....and I like to sleep at night
Bring on 2021
I think the wind is behind them with future growth prospects. *...
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Last
$6.15 |
Change
-0.100(1.60%) |
Mkt cap ! $4.252B | |||
| Open | High | Low | Value | Volume |
| $6.32 | $6.40 | $6.15 | $13.47M | 2.171M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9163 | $6.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.20 | 3624 | 2 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| CGF (ASX) Chart |