Yeah klu,
A definite stuff-up in 2013.
The new CEO understands QBE well and would not have made that statement that it is not material unless he is sure. He can't afford to get it wrong. I can only assume that previous guidance included this type of amount. Hence no sell off. It was expected.
Now QBE starts with a clean slate (but nervous shareholders!). I will continue to hold, for some price recover and improved US conditions for the company.
QBE Class Action, page-6
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Last
$16.62 |
Change
0.140(0.85%) |
Mkt cap ! $25.01B | |||
| Open | High | Low | Value | Volume |
| $16.45 | $16.62 | $16.40 | $33.56M | 2.026M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 335 | $16.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.63 | 25119 | 2 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| QBE (ASX) Chart |