I can understand why this company trades at 1x book, however, if there were to be even a moderate increase in claims you could also see them raising capital multiple times IMO
Their concentration in investor mortgages, which may come under a bit of pressure makes me think you can only get comfortable owning this at a substantial price to book discount
I can understand why this company trades at 1x book, however, if...
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Last
$4.18 |
Change
0.000(0.00%) |
Mkt cap ! $1.193B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.22 | $4.16 | $2.100M | 501.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1057 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.21 | 6799 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| HLI (ASX) Chart |