AIZ has announced forward losses of $750mil. And this is with 90% pre covid activity.
This is a stock I've wanted to buy for a while as it has a past history as a blue-chip with solid dividends.
But can I really buy with so little upside left to cover such large losses?
What is the path back to real profitability?
Are we buying this stock in the hope that the government will bail it out? Or is this the next Ansett?
AIZ has announced forward losses of $750mil. And this is with...
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Last
49.0¢ |
Change
0.005(1.03%) |
Mkt cap ! $1.650B | |||
| Open | High | Low | Value | Volume |
| 49.0¢ | 49.5¢ | 48.5¢ | $251.2K | 510.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 128014 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.0¢ | 224010 | 8 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
48.8¢ |
Change
0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 49.5¢ | 49.5¢ | 48.5¢ | 124176 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| AIZ (ASX) Chart |