Generally the markets know something .
To me the falls from 5.50ish are related to:
1) Business Test Case - My gut feel is that there appeal is not going to be successful -- and all insurers will lose.. At least some fall out from the Business Interruption insurance - Risk office being fired - someone has to be held responsible)
2) Today's Melbourne earth Quake (Who knows if IAG have removed the earthquake clause)
How hard is IAG going to run?, page-68
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Last
$6.95 |
Change
0.000(0.00%) |
Mkt cap ! $16.47B | |||
| Open | High | Low | Value | Volume |
| $6.91 | $6.99 | $6.87 | $24.07M | 3.470M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12974 | $6.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.98 | 27988 | 4 |
View Market Depth
| Last trade - 16.10pm 06/08/2024 (20 minute delay) ? |
| IAG (ASX) Chart |