You just have to love the media and the stories flowing on from the AMP/AXA deal. But can I say this.
QBE will not be putting in a bid for IAG.
IAG had their opportunity and Frank will not be coming back, especially if he is required to dig deeper into his pocket. IAG is not a cheap proposition, yes it will help with the short term currency issues, but QBE is about building wealth for the long term and buying assets at a fair price.
QBE will continue to buy bolt-ons in the US and Europe, where the real value lies with the $A this high.
Pep
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Last
$22.96 |
Change
0.045(0.20%) |
Mkt cap ! $34.68B | |||
| Open | High | Low | Value | Volume |
| $22.86 | $23.00 | $22.69 | $11.06M | 483.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 960 | $22.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.96 | 1868 | 20 |
View Market Depth
| Last trade - 11.44am 30/07/2025 (20 minute delay) ? |
| QBE (ASX) Chart |