"Its a quality stock and opportunities like this dont come often."
Pep, they dont. I was a happy purchaser and accumulator at under $20. It bothered me little when it went to $18 or lower [whatever it went to]. The business is viable, they stick to the core at what they are good at - thats insurance. Not banking, not derivatives...
...the problem for me will be when they start getting into business such as these. But they wont. Frank and his management team have not deviated from the core.
He didnt need IAG as much as IAG needed him. He walked. And went to acquire those businesses for a better price.
The position of this business is suited and the framework strong.
"Its a quality stock and opportunities like this dont come...
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.31 |
Change
0.190(1.11%) |
Mkt cap ! $26.00B | |||
| Open | High | Low | Value | Volume |
| $17.37 | $17.46 | $17.31 | $74.31M | 4.279M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 11613 | $17.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.31 | 69740 | 3 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |