It may have been easy to fall into a false sense of security, and think that SUN will fall like IAG and QBE after the announcement........
But SUN is not a pure insurance stock, its got the lot.
Funds management
Insurance
Strong banking franchise in QLD.
Management strenght
And the possibility of a T/O or merger.
Me tinks that some of the sp increase may be largely due to the last piont.
Oh also its not at an all time high like IAG was.
suncorp metway- short it!!, page-7
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Last
$17.99 |
Change
0.240(1.35%) |
Mkt cap ! $22.87B | |||
| Open | High | Low | Value | Volume |
| $17.84 | $18.00 | $17.79 | $6.728M | 375.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 2274 | $17.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.99 | 1172 | 9 |
View Market Depth
| Last trade - 15.04pm 10/09/2024 (20 minute delay) ? |
| SUN (ASX) Chart |