So far, touch wood, Frank could not ask for a better half year results with 47 days to go to 30 june 12.
Major cats should be under $200 million with an allowance of $800 million, showing a potential $600 million upside to earnings.(NEP annually $16 billion, 10% major cat allowance is $1.6 billion divide by 2 for half yearly)
Together, with e AUD depreciating to under parity with the USD, we could be looking at an major upgrade announcement in mid july.
aud under parity
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$16.89 |
Change
-0.060(0.35%) |
Mkt cap ! $25.36B | |||
| Open | High | Low | Value | Volume |
| $16.93 | $16.94 | $16.83 | $39.69M | 2.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 40 | 5025 | $16.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.89 | 2446 | 24 |
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| Last trade - 13.42pm 25/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |