Mitsui( Japanese insurer) buys Amlin insurance( UK) at a multiple of 2.4 times its net tangible value per share.
Based on this price, qbe as at 30 June 2015, had a NTA of USD$5.31 per share. In AUD, this equates to $7.58 per share.
So, at a similar multiple of 2.4 times, Qbe would be valued at AUD $18.20 per share.
Food for thought.
Mitsui( Japanese insurer) buys Amlin insurance( UK) at a...
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Last
$16.97 |
Change
0.150(0.89%) |
Mkt cap ! $25.52B | |||
| Open | High | Low | Value | Volume |
| $16.99 | $17.03 | $16.89 | $21.76M | 1.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 27 | 5602 | $16.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.97 | 3533 | 19 |
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| Last trade - 13.56pm 04/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |