Good Q's Captain.
Guidance is conservative - QBE is run by spreadsheet actuaries who like dull boring predictable.
Exiting US property catastrophe is a necessary move. While a sale of the business would be preferable to run-off, we can deduce there are no interested buyers above calculated run-off value.
I expect a good divvy now interest rates have improved.
Ash
Ann: NA middle-market strategic review and 1H24 performance, page-4
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Last
$17.87 |
Change
0.220(1.25%) |
Mkt cap ! $26.96B | |||
| Open | High | Low | Value | Volume |
| $17.95 | $18.06 | $17.84 | $32.69M | 1.874M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 3228 | $17.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.87 | 4515 | 12 |
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| Last trade - 12.04pm 21/06/2024 (20 minute delay) ? |
| QBE (ASX) Chart |