QBE 2.44% $18.08 qbe insurance group limited

qbe share price institutions to dump

  1. 207 Posts.
    lightbulb Created with Sketch. 11
    Qbe share price running up hard, institutions who will get their shares 1st via SPP which raised $450+ might dump at high prices and then some might re-buy lower...Retail allotment 5/4/2012 whatever the retail allotment is if a scaleback occurs, share price I feel will be much lower than its current $13.80 level....Institutions will make a bucket of money, whilst retail shareholders when shares list will be much lower. Even existing shareholder once the allocation % is announced, people will sell into high price and keep their allocation at 10.70....QBE is good company, but has been making too many acquisitions, some may come back to haunt them....at best this stock is a hold at these levels.
 
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Last
$18.08
Change
0.430(2.44%)
Mkt cap ! $27.16B
Open High Low Value Volume
$17.75 $18.08 $17.67 $99.09M 5.496M

Buyers (Bids)

No. Vol. Price($)
1 10117 $17.95
 

Sellers (Offers)

Price($) Vol. No.
$18.09 70582 4
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Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
QBE (ASX) Chart
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