Doo,
The high AUD does affect the EPS in the short term but to counter this, Qbe has been buying mainly US & European insurance companies and taking advantage of the currency situation.
More so, the latest acquisiton of Balboa should settle in the next few months (USD$700 million) which will be paid for in AUD from the underwritten DRP/BSP program so in the long run when the AUD does normalize, Qbe's acquisition would like like even better value.
Doo,The high AUD does affect the EPS in the short term but to...
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Last
$17.04 |
Change
0.100(0.59%) |
Mkt cap ! $25.60B | |||
| Open | High | Low | Value | Volume |
| $16.99 | $17.12 | $16.90 | $27.74M | 1.629M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14991 | $17.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.05 | 67313 | 4 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |