"Can't see anyone in Australia taking it over, so maybe the low Aussie dollar will help OS company take it over."
Agree. IF anyone is looking at QBE they would only be from overseas.
AMP - no chance.
Wesfarmers - sold their insurance division (primarily due to having a small market share and a big exposure to the Christchurch earthquake) and will not return. The Coles insurance offering is purely with Coles as an intermediary.
QBE's uptick is probably USD related. Aus insurance market is currently ultra competitive and growth for them will be restricted in s/t imo.
Cheers,
Mac
Takeover, page-19
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Last
$16.61 |
Change
0.060(0.36%) |
Mkt cap ! $24.83B | |||
| 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 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| QBE (ASX) Chart |