CGF 0.86% $4.59 challenger limited

response to asx query - share price

  1. 31,084 Posts.
    Sydney
    Melbourne Brisbane Perth Adelaide
    Level 10, 101 Collins Street
    Level 9, CUA Building
    175 Eagle Street Level 3, 55 St Georges Terrace Level 9, T & G Building
    Level 41, Aurora Place
    88 Phillip Street
    Sydney NSW 2000 Australia
    www.challenger.com.au
    telephone 02 9994 7000
    facsimile 02 9994 7777
    1 February 2005
    Mr Adrian Smythe
    Senior Companies Adviser
    Australian Stock Exchange Limited
    Level 6
    20 Bridge Street
    Sydney NSW 2000
    Dear Adrian
    Price Query – Challenger Financial Services Group Limited (“the Company”)
    In response to your letter of 1 February 2005, I provide the following answers to your enquiries into
    the Company’s share price.
    1. The Company is unaware of any information which has not previously been disclosed to the
    market, which could explain the recent trading in the securities of the Company.
    2. No announcement is required.
    3. The Company has, at today’s date, not completed the Life accounting and actuarial
    calculations required to finalise details of its statutory profit for the six months to 31
    December 2004. However, based on the Company’s unaudited preliminary modified
    historical accounting approach, we anticipate before tax profits to be within the range of
    broker forecasts.
    4. As previously disclosed in a note to the annual accounts as a post balance date event we
    have, during the period made a profit on the disposal of five foreign properties, however the
    Company does not consider that this should be considered abnormal given we expect
    regular gains through the active management of the Life company investment portfolio.
    5. The Company has no explanation for the price change and increased trading volumes.
    6. We confirm that it is the Company’s view that it is in compliance with the Listing Rules and
    in particular Listing Rule 3.1.
    Should you require any further information, please do not hesitate to contact me on 02 9994 7518.
    Yours sincerely,
    Anne B Gardiner
    Company Secretary
    PO Box 96, Flinders Lane
    Melbourne VIC 3000
    telephone 03 8616 1800
    facsimile 03 8616 1899
    GPO Box 3234
    Brisbane QLD 4001
    telephone 07 3218 8000
    facsimile 07 3220 3132
    PO Box Z5065, St Georges Terrace
    Perth WA 6831
    telephone 08 9223 7800
    facsimile 08 9221 2499
    82 King William Street
    Adelaide SA 5000
    telephone 08 8211 7777
    facsimile 08 8212 1661
    Challenger Financial Services Group Limited ABN 85 106 842 371 Challenger Managed Investments Limited ABN 94 002 835 592 AFSL 234668
    Challenger Securities Limited ABN 28 009 568 496 AFSL 234674 Challenger Life No.2 Limited ABN 44 072 486 938 AFSL 234670
    Challenger Commercial Lending Limited ABN 65 000 033 143
 
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Last
$4.59
Change
-0.040(0.86%)
Mkt cap ! $3.063B
Open High Low Value Volume
$4.67 $4.72 $4.56 $13.80M 2.977M

Buyers (Bids)

No. Vol. Price($)
3 22051 $4.56
 

Sellers (Offers)

Price($) Vol. No.
$4.59 22217 2
View Market Depth
Last trade - 16.10pm 07/07/2020 (20 minute delay) ?
(live)
Last
$4.59
  Change
-0.040 ( 1.00 %)
Open High Low Volume
$4.68 $4.72 $4.56 313233
Last updated 15.59pm 07/07/2020 (live) ?
CGF (ASX) Chart
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