SUN 0.12% $16.20 suncorp group limited

Whether you are lost or not, the premium will be paid by the...

  1. 33,360 Posts.
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    Whether you are lost or not, the premium will be paid by the company offloading in this case SUN not BEN.

    BEN already has a banking license and as the purchaser would expect a (30% haircut premium for taking the asset), effectively a 30% discount offered by SUN.

    Why would BEN pay a premium for a distressed SUN banking license? It would expect to pay a 30% discount.

    The SUN banking license has been a disaster since Metway Bank was dissolved and the insurers controlled SUN.

    the idea of BEN pay8ng anything less than a 30% discount is fanciful, fairies at the bottom of the garden stuff.
    Last edited by JCoure: 04/09/19
 
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