QBE and IAG r better value compared with SUN. I have been consistent in appraising them in the last year IMHO but pls DYOR.
SUN has mainly NSW/Qld exposure, has a very poor life book, poor wealth management and a bank that needs to be sold to BEN, the inactivity of management in SUN and Brisbane based staffing obligations make SUN the third choice in Australian GI space.
SUN Price at posting:
$13.60 Sentiment: Buy Disclosure: Held
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