Yep, the IAG play was dead when QBE said so (they tend to honour what is released in ASX annoucements, a rare thing these days1
I have looked at the PMI deal, and to me it looks fantastic. QBE have acquired the upside and eliminated almost all the associated risk during the critical period (next 3 years) again after 110 value accretive takeovers QBE look to have executed a top shelf deal.
co-incidentally I bought more today, and now very happy. My take is the market will like this ($25 open tommorow), only risk is the word "property insurance" spooking, but prof investors will applaud the deal
Cheers
Ralphi
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Last
$16.18 |
Change
-0.010(0.06%) |
Mkt cap ! $24.30B |
Open | High | Low | Value | Volume |
$16.27 | $16.36 | $16.17 | $59.11M | 3.643M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13364 | $16.17 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.18 | 2683 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11827 | 16.170 |
1 | 3034 | 16.160 |
1 | 7 | 16.150 |
1 | 200 | 16.140 |
2 | 1394 | 16.130 |
Price($) | Vol. | No. |
---|---|---|
16.180 | 2683 | 1 |
16.190 | 8111 | 1 |
16.200 | 8181 | 1 |
16.210 | 7820 | 1 |
16.220 | 8207 | 1 |
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