Past is not necessary the future, competition is always a risk factor, but as Wall Street always says: it's not different this time. When bad time comes, people get out of business, stock price get hamered on the back of surging equity premium to hold stocks. Over time, higher counter cyclical premiums will prove its way out, buying on the dip of a solid business always prevails.
If one believes we will have some tough time ahead, I'd think the value of the Australian dollar would be punished more than QBE's insurance premiums overseas. Systematic risk cannot be avoided, even money or gold is not risk free.
Past is not necessary the future, competition is always a risk...
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Last
$17.39 |
Change
0.150(0.87%) |
Mkt cap ! $26.12B | |||
| Open | High | Low | Value | Volume |
| $17.36 | $17.65 | $17.25 | $68.31M | 3.923M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21665 | $17.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.39 | 159691 | 4 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| QBE (ASX) Chart |