IAG 0.38% $7.77 insurance australia group limited

spp to fund wesfarmers insurance arm purchase, page-12

  1. 9,349 Posts.
    lightbulb Created with Sketch. 852
    Have to agree.

    I haven't put in and if I want more looks like I can get them on the market. Wonder if the funds worked it down to slow acceptances and pick up the scraps. I didn't check if it was underwritten. If so now with the downturn in china numbers it will ease off some more with portfolio and index sales.

    These days any offers never seem at a decent discount and you have such a timing disadvantage to the insto's and money tied up direct with mr market seems better option quite a lot of the time.
 
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