Actually we need the BI (Business Interruption insurance to be resolved). That seems to me the unknown. Once we its known either will happen:
a) We are not liable or less laible than we thought IAG will be $7 very quickly
b) We are liable but to the extent we have provided and everything in Australia points to opening up gradually we will hit the milestones you mentioned very quickly in Q1-Q2 of 2022.
c) We are liable and haven't provided enough. We then will see another drop. Even if this happens it will recover but it will take a couple of years maybe more to hit $6.
So what's the likelihood of each scenario:
a) 40%
b) 40%
c) 20%
Actually we need the BI (Business Interruption insurance to be...
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Last
$8.97 |
Change
-0.120(1.32%) |
Mkt cap ! $21.21B | |||
| Open | High | Low | Value | Volume |
| $9.03 | $9.12 | $8.95 | $22.95M | 2.552M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $8.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.01 | 1750 | 1 |
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| Last trade - 16.19pm 26/06/2025 (20 minute delay) ? |
| IAG (ASX) Chart |