In the last results presentation, Pauline made a comment that they may have look at taking some more risk in the portfolio. I wonder if reverse mortgages might play more of a role here? Was just reading this article in SMH.
disallowed/business/banking-and-finance/retirees-flock-to-government-s-reverse-mortgage-scheme-to-boost-income-20231027-p5efhz.html
House price rises should minimise any shortfalls and hence lmi claims, page-5
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Last
$3.93 |
Change
0.000(0.00%) |
Mkt cap ! $1.144B | |||
| Open | High | Low | Value | Volume |
| $3.85 | $3.93 | $3.82 | $3.763M | 969.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 6290 | $3.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.93 | 51175 | 5 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| HLI (ASX) Chart |