IAG 1.78% $7.43 insurance australia group limited

It’s QBE that dragged this down with general market falls from...

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  1. 5,300 Posts.
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    It’s QBE that dragged this down with general market falls from COVID-19 pockets across the larger states. Risk has been adjusted due to QBE, so some selling occurred. The raising finalisation occurred as this new information was revealed. Just bad luck.

    It has value around here, albeit a tiny portion of my portfolio. I didn’t take up the placement due to the last few days of trading and QBE. Was the right move.

    Long term this will recover coupled with interest rates slightly higher, they won’t stay at 0/near 0 for more than a few years (my view).

    Shes a buy!
 
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