Hey Courau,
Are you getting in yet? Yes. I was absolutely gobsmacked with the results. The surprising thing was that MRE forecasted this result last week. It was impressive that they were able to do this so accurately. Unfortunately I only read the report too close to 4pm on Friday so I could not load up.
This result is an indication of the quality of QBE very astutue management of underwriting risk and growing the business aggressively at the same time. I reckoned easily a $40 stock in 24 months time.
The million dollar question I suppose is: will the market correct again shortly to present a buying opportunity or do you buy more at this sort of levels.
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Last
$17.59 |
Change
0.280(1.62%) |
Mkt cap ! $26.42B |
Open | High | Low | Value | Volume |
$17.55 | $17.96 | $17.50 | $82.98M | 4.697M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | $17.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.61 | 5216 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8000 | 17.580 |
1 | 564 | 17.550 |
2 | 214 | 17.540 |
1 | 200 | 17.530 |
1 | 9539 | 17.510 |
Price($) | Vol. | No. |
---|---|---|
17.610 | 4628 | 3 |
17.630 | 9539 | 1 |
17.640 | 9539 | 2 |
17.650 | 100000 | 1 |
17.660 | 12886 | 2 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
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QBE (ASX) Chart |