Guys relax - it's essentially the same scenario as was announced on the 29/06/2021 - this is to bid on the CBA business from 1 January 2026 onwards. The differences are that all brands are on the table and that CBA is currently 53% of the HLI book vs 57% in 2021. The last time CBA went to market, it was the first time that they had ever put the LMI book to tender, the market read all kinds of negatives into what was typical service provider management. I don't want to pre-suppose outcomes but this always coming.
I expect we will see the buy back resume though.
Guys relax - it's essentially the same scenario as was announced...
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Last
$3.78 |
Change
-0.045(1.18%) |
Mkt cap ! $1.097B | |||
| Open | High | Low | Value | Volume |
| $3.83 | $3.87 | $3.74 | $2.264M | 599.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 2721 | $3.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.78 | 15089 | 22 |
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| Last trade - 15.49pm 03/07/2024 (20 minute delay) ? |
| HLI (ASX) Chart |