IAG insurance australia group limited

Ann: IAG Provides Perils Update and Revises FY22 Guidance, page-10

  1. 761 Posts.
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    No bounce tomorrow I don't think. Only hope here is a long slow grind back to $5+ or a hail Mary takeover. If the bond movements and successful court outcome can't shift sentiment and small setbacks hit the SP this bad it will continue to be oversold. Long term it still looks cheap but if another revised guidance gets released the SP will be smashed again.

    How the guidance can be so far off just a few days after reaffirming I will never know.
 
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