Big Frank has mentioned a few times no QBE exposure to the PIGS or any european bank that failed the recent stress tests.
I think the recent downturn is based on the recent sentiment and performance of the US economy. Shorters have been having a field day with the negative sentiment.
Also, a 45% DRP/BSP takeup by shareholders suggests there was significant personal interest in keeping the share price down during this time.
I expect if we get no other global catastrophes or financial meltdowns, we should see a gradual SP appreciation towards $16 by end of year.
any exposure to sovereign debt default?, page-2
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Last
$16.61 |
Change
0.060(0.36%) |
Mkt cap ! $24.95B | |||
| Open | High | Low | Value | Volume |
| $16.73 | $16.82 | $16.50 | $69.33M | 4.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16180 | $16.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.61 | 5135 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |