The most prudent and credible thing the board and management should do is propose a large scale buyback.
Although not my favored insurer, they are attractive given the level of invested funds this thing holds. Proposing a buyback, would:
1. Reduce the extraordinary large shareholder base (a good thing in my opinion)
2. Be buying at a relative attractive rate to book.
The most prudent and credible thing the board and management...
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Last
$8.45 |
Change
-0.170(1.97%) |
Mkt cap ! $19.98B | |||
| Open | High | Low | Value | Volume |
| $8.51 | $8.54 | $8.40 | $43.74M | 5.177M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17433 | $8.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.46 | 12465 | 4 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| IAG (ASX) Chart |