I'll have to disagree with you on this one.
QBE has an excellent management team that have consistantly worked against the insurance cycle to add value. It's reputation has been tainted due to recent insurance collapses and the world trade centre disaster.
That's the nature of the business and share prices follow these disasters. But QBE has now become a stronger company with premiums on the increase, recent capital raisings and a review of reinsurance contracts. I wouldn't be surprised if we see QBE trading close to $10 in a years time.
QBE!!! be careful, page-2
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Last
$17.57 |
Change
-0.480(2.66%) |
Mkt cap ! $26.39B | |||
| Open | High | Low | Value | Volume |
| $18.03 | $18.04 | $17.54 | $59.80M | 3.389M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12024 | $17.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.58 | 1078 | 1 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| QBE (ASX) Chart |