Depending on how well they matched their assets and liabilities, they may not need to raise capital. Even if asset prices go down a lot, as long as the income from the assets remain the same and are enough to cover their cash outflows they should be fine. Which I think was what the latest capital and profit guidance referred to.Also, hate to be morbid but if mortality rate goes up shouldn't their earnings from existing business also go up since people live shorter than what was originally expected?
When the dust settles, CGF to benefit?, page-4
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Last
$6.71 |
Change
-0.130(1.90%) |
Mkt cap ! $4.637B | |||
| Open | High | Low | Value | Volume |
| $6.78 | $6.82 | $6.71 | $5.131M | 760.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 17638 | $6.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.76 | 7091 | 3 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$6.74 |
Change
-0.130 ( 0.97 %) |
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| Open | High | Low | Volume | ||
| $6.80 | $6.80 | $6.72 | 108288 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| CGF (ASX) Chart |