The actuarial calculations are also heavily influenced by APRA requirements which are very conservative in terms of risk assessment.
I couldn’t agree more with your assessment, the liability provisioning looks like it has been made more on a “financial catastrophe” basis which, based on the current market conditions, is not going to eventuate.
This bodes well for us & I have been merrily topping up at the $3.50 level - absolute bargain in my opinion, but DYOR
The actuarial calculations are also heavily influenced by APRA...
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Last
$4.39 |
Change
-0.030(0.68%) |
Mkt cap ! $1.232B | |||
| Open | High | Low | Value | Volume |
| $4.44 | $4.45 | $4.38 | $3.188M | 723.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8038 | $4.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.40 | 2782 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| HLI (ASX) Chart |