Strike 1- $120 million write off loss. The force placed insurance business was an unmitigated disaster. At least after 2015, we can move on.
The crop business is still a concern. Mngt may have to write off some additional goodwill there as the business has made lossess the last 3 years and this year is not looking much better.
As I said yesterday, 2015 will still require re-structuring to Loss making businesses.
I'm expecting a 3-4% drop today.
Strike 1- $120 million write off loss. The force placed...
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Last
$17.39 |
Change
0.270(1.58%) |
Mkt cap ! $26.14B | |||
| Open | High | Low | Value | Volume |
| $17.37 | $17.46 | $17.34 | $27.78M | 1.597M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 9550 | $17.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.40 | 803 | 5 |
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| Last trade - 12.18pm 11/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |