your logic is so totally flawed its scary.....so, according to you, people should invest now, to average down later for over $1 cheaper?
buy HIGH sell LOW?
you'd make a great investment manager - convince clients to invest their $500m which turns into $450m a year later?! But theyve averaged down!! where is the growth? where is the yield? $1.5bn LOSS and no upside I can see.....oh wait, can only see clouds on the horizon (dark, thick and CHANGING their behaviour), causing further pain to portfolio returns.
This pretty much sums up the annual investment return for QBE holders for the last decade or so, pay $10, get $9, pay $9, get $8, forced to cap raise, rinse and repeat
nothing personal mate, just flawed in every way.
Expecting earning downgrades soon, page-26
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Last
$16.94 |
Change
0.150(0.89%) |
Mkt cap ! $25.42B | |||
| Open | High | Low | Value | Volume |
| $16.86 | $17.05 | $16.85 | $28.32M | 1.669M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 25 | 9454 | $16.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.94 | 12391 | 25 |
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| Last trade - 14.02pm 23/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |