And with that pricing for SPP viz $7.50ish, shareholders will be getting QBE shares at around 20 year lows, and around 10% lower than institutions paid a few weeks ago.
Of course, the shares might fall lower than this ie down to $7 or lower? But hey, you can’t pick the bottom, and more likely QBE will slowly regain balance (after the SPP when buyers return after raising completed) and soon return to fair value, well above $8.00 provided world markets and corona developments don’t worsen.
A fair bet that investors at this level, in my view, either on market or vis SPP will do well in coming months
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Last
$16.88 |
Change
0.090(0.54%) |
Mkt cap ! $25.36B |
Open | High | Low | Value | Volume |
$16.86 | $17.05 | $16.83 | $56.90M | 3.361M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12190 | $16.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.88 | 4009 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12190 | 16.860 |
1 | 255 | 16.850 |
3 | 8688 | 16.820 |
2 | 1326 | 16.810 |
2 | 7715 | 16.800 |
Price($) | Vol. | No. |
---|---|---|
16.880 | 4009 | 1 |
16.900 | 12205 | 4 |
16.920 | 7659 | 1 |
16.930 | 29304 | 4 |
16.940 | 11728 | 2 |
Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
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