I am not sure where you got 80% remortgages from but lending mortgage insurance is not a major part of QBE business which is widely diversified into many classes of general insurance and reinsurance. Long term QBE will outperform though if you bought in the early/mid 2000 period at more than $30, it is a different story and needs a lot of dollar averaging to breakeven. Anything less than $10 is a steal, it was $15 just a few months ago. Dividend yield is much better than bank interest even if they cut the dividend.
Ann: Trading Halt, page-30
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Last
$15.93 |
Change
-0.150(0.93%) |
Mkt cap ! $23.93B | |||
| Open | High | Low | Value | Volume |
| $16.08 | $16.13 | $15.84 | $67.30M | 4.217M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25876 | $15.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.94 | 25906 | 4 |
View Market Depth
| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |