SUN has been hit hard because of concerns about its banking division. That's why SUN is trying to get rid of it, and why SUN has not been able to attract a good offer.
The insurance payout is just an one-off thing. I don't think market professional are worried about it, unless natural catastrophes are expected to become regular events in Queensland.
9 yr low , page-3
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 (20min delay)
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Last
$16.39 |
Change
-0.080(0.49%) |
Mkt cap ! $20.85B | |||
| Open | High | Low | Value | Volume |
| $16.50 | $16.51 | $16.34 | $20.35M | 1.241M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 30748 | $16.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.39 | 5670 | 2 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$16.38 |
Change
-0.080 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| $16.47 | $16.49 | $16.33 | 181024 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| SUN (ASX) Chart |