How can this acquisition be a negative for QBE.
It is basically going to be revenue positive immediately.
As for the Aud getting stronger and affecting overseas earnings the boys in the QBE engine have hedged against any unforseen strength in the aussie so there is no excuse there.
The shorts have piled in again recently but how long can they hold this back while the market rallies.
Most brokers are quietly telling their clients get in.
If the market does have a breather this could the one the traders jump into for the delayed recovery.
6% divvy sure beats bank interest.
How can this acquisition be a negative for QBE.It is basically...
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Last
$16.61 |
Change
0.060(0.36%) |
Mkt cap ! $24.95B | |||
| Open | High | Low | Value | Volume |
| $16.73 | $16.82 | $16.50 | $69.33M | 4.160M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 16180 | $16.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.61 | 5135 | 2 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |