Yes, the mid-point of the the Underlying NPAT guidance range is...

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    Yes, the mid-point of the the Underlying NPAT guidance range is now just 0.5% lower than previously, the conviction in the result has increased, with the range tightened from $440m to $480m in February, to $450m to $465m today.

    This is a business whose financial fortunes are direct derivatives of the state of global capital markets. So, given given what has happened in equity and bond markets since February, for earnings guidance to be virtually unchanged with the degree conviction in the guidance having gone up, is worthy of favourable remark, I think.

    .
 
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