Are many going to participate in the SPP?
I'm thinking about it.
Does anyone have thoughts on the purchase of Wesfarmers Insurance division? Cost to IAG - approx $1.85B and will "increase GWP by around 18% based on 2013 results"
http://www.businessspectator.com.au/news/2013/12/16/insurance/iag-buys-wesfarmers-insurance-arm
It's quite a big purchase. I personally would have thought that they would buy up overseas especially in Asia.
spp to fund wesfarmers insurance arm purchase
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Last
$7.14 |
Change
0.480(7.21%) |
Mkt cap ! $16.92B | |||
| Open | High | Low | Value | Volume |
| $6.82 | $7.33 | $6.78 | $90.03M | 12.61M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 800763 | $7.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.16 | 27120 | 1 |
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| IAG (ASX) Chart |