SUN 1.40% $18.06 suncorp group limited

wow harsh reaction to merger

  1. 101 Posts.
    lightbulb Created with Sketch. 18
    Any thoughts on why SUN has been sold off so strongly today? I know the PMN merger is a done deal now, but honestly to be sold down more than 5%. Surely the current SUN SP couldn't be too far off a point at which it would be undervalued.
 
watchlist Created with Sketch. Add SUN (ASX) to my watchlist
(20min delay)
Last
$18.06
Change
0.250(1.40%)
Mkt cap ! $22.97B
Open High Low Value Volume
$17.78 $18.11 $17.78 $34.00M 1.888M

Buyers (Bids)

No. Vol. Price($)
3 1410 $18.00
 

Sellers (Offers)

Price($) Vol. No.
$18.07 490 1
View Market Depth
Last trade - 16.10pm 03/09/2024 (20 minute delay) ?
SUN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.