Yep, the IAG play was dead when QBE said so (they tend to honour what is released in ASX annoucements, a rare thing these days1
I have looked at the PMI deal, and to me it looks fantastic. QBE have acquired the upside and eliminated almost all the associated risk during the critical period (next 3 years) again after 110 value accretive takeovers QBE look to have executed a top shelf deal.
co-incidentally I bought more today, and now very happy. My take is the market will like this ($25 open tommorow), only risk is the word "property insurance" spooking, but prof investors will applaud the deal
Cheers
Ralphi
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Last
$17.03 |
Change
-0.090(0.53%) |
Mkt cap ! $25.75B |
Open | High | Low | Value | Volume |
$17.28 | $17.29 | $17.03 | $34.66M | 2.027M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 42207 | $17.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.05 | 6932 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 42207 | 17.030 |
5 | 14707 | 17.020 |
10 | 129644 | 17.010 |
3 | 10021 | 17.000 |
2 | 5725 | 16.990 |
Price($) | Vol. | No. |
---|---|---|
17.050 | 6932 | 1 |
17.060 | 6185 | 3 |
17.070 | 67105 | 3 |
17.080 | 14508 | 2 |
17.090 | 23542 | 2 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
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