If IAG is a takeover target QBE is perhaps one of the few that could absorb IAG with the least amount of hassles. IAG's market cap would stop many contenders
contenders:-
AMP - concentrating on wealth creation and super lucre rather than insurer of holden coomodores
AXA - see above
QBE - a fellow insurer with enough leverage and marketcap and turn-key synergies.
Market nervousness may see such talk remain just that for a while. But yeah QBE taking over IAG makes sense.
Got to go
Capt. Goodvibes
FYI - The Capt is not a IAG shareholder. Still pondering. I think the market at the moment is well and truely baked. Might buy IAG on doomsday!!! Contrary share buying at its best!!!
nice little bounce..., page-9
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Last
$7.22 |
Change
-0.220(2.96%) |
Mkt cap ! $17.11B | |||
| Open | High | Low | Value | Volume |
| $7.40 | $7.45 | $7.18 | $36.07M | 4.975M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1139 | $7.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.24 | 51574 | 3 |
View Market Depth
| Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
| IAG (ASX) Chart |