IAG 1.13% $8.07 insurance australia group limited

is this the cheapest bluechip around?

  1. 1,553 Posts.
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    looking for the cheapest bluechip......
    IAG seems to fit the bill....
    6% fully franked dividend, capital return of 12c due and a PE ratio of around 10.
    negative market setiment (which is a bonus, allows you to get in cheap)
    takeover potential at $6 plus

    anyone with more research or other ideas welcome

    good luck and fortune
 
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