Mark my words, QBE is being savagidly shorted by Insto's at the moment in order to get as many shares as possible on the cheap under the DRP which ends this month.
Come April 1 when they'll have to cover these massive shorts, you can bet your house on it that QBE is going to EXPLODE!
For anyone who has spare cash, this has got to be one of the best Blue Chip buys on the market atm in my opinion. I'm all in at $17.65 so I'll wait which I'm happy to.
Good Luck All
qbe being savagidly shorted by insto's
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Last
$17.60 |
Change
0.005(0.03%) |
Mkt cap ! $26.38B | |||
| Open | High | Low | Value | Volume |
| $17.55 | $17.65 | $17.48 | $40.83M | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 5690 | $17.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.60 | 1781 | 12 |
View Market Depth
| Last trade - 15.20pm 30/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |