The pattern seems to mimic housing market. They bank up a lot of new policy written during a housing boom. Then pay out a lot of it during the subsequent bust or slow down. Share price never really go anywhere but never short of cash. Every bust everyone thinks market will crash 40%, which could be existential threat for company like this. Then market goes back up again and more ppl buy houses. This happened in 17-18 too
The pattern seems to mimic housing market. They bank up a lot of...
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Last
$3.86 |
Change
0.050(1.31%) |
Mkt cap ! $1.118B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.86 | $3.79 | $2.238M | 584.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2868 | $3.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.86 | 8921 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |