At various times this is what happens in the insurance industry. But there are swings and roundabouts. I have take into account the current sp versus what it was not that long ago. along with the reduced profit so as the sp reduced significantly. If the risk cycle for insurance turns, then these prices could be good entry points and there will be scope for capitail gains and increased divdends down the track. Anyway, I made the plunge and bought a few today.
Cheers
SAV
is suncorp a good buy, page-10
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Last
$16.80 |
Change
-0.020(0.12%) |
Mkt cap ! $21.37B | |||
| Open | High | Low | Value | Volume |
| $16.67 | $16.90 | $16.63 | $44.68M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46574 | $16.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.83 | 69112 | 3 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |