Well at least we know where the buying pressure was coming from and they love a buyback strategy as it gives them a low support . I guess it will lead to all sorts of shorting games , chasing franking etc when they decide to exit as they do when they decide Insurance sector play is not for them ? . They will always hold some as part of diversified portfolios and with strong US currency it may also be a currency game many funds are playing as well awaiting what is actually happening with USA politics .
When / if they decide to exit it won't be pretty depending of how they choose to do so.
Well at least we know where the buying pressure was coming from...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$8.95 |
Change
0.040(0.45%) |
Mkt cap ! $21.16B | |||
| Open | High | Low | Value | Volume |
| $8.93 | $8.99 | $8.86 | $26.78M | 2.997M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 633 | $8.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.95 | 12742 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| IAG (ASX) Chart |