The Reserve Bank of Australia is making sure most Australian banks remain in reasonable shape, a few who may be not doing so well rather than going broke are more likley to be eaten up by better banks.
Similar thinking with Insurance companies.
Then again, at any time we may repeat: 1177 BC: The Year Civilization Collapsed (Eric Cline, PhD)
https://www.youtube.com/watch?v=bRcu-ysocX4
.... If we live long enough !
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News: IAG UPDATE 1-Australia's IAG warns of 70% plunge in 2020 cash earnings, scraps dividend, page-11
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Last
$7.98 |
Change
0.070(0.88%) |
Mkt cap ! $18.88B | |||
| Open | High | Low | Value | Volume |
| $7.93 | $8.06 | $7.92 | $39.72M | 4.970M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 66770 | $7.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.06 | 3225 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| IAG (ASX) Chart |