As I recall, the purpose of public companies is to generate profits and return cash to shareholders.
the QBE board seem to think it is to shrink profits and source additional funds from shareholders, an activity with which they have great familiarity as they seem to do it at least annually and sometimes twice a year.
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QBE
qbe insurance group limited
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1.49%
!
$21.12

The board and mgt seem confused
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Last
$21.12 |
Change
-0.320(1.49%) |
Mkt cap ! $31.89B |
Open | High | Low | Value | Volume |
$21.56 | $21.78 | $20.95 | $133.1M | 6.305M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 380 | $21.03 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$21.13 | 1101 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 380 | 21.030 |
1 | 2 | 21.020 |
6 | 2616 | 21.000 |
3 | 2453 | 20.990 |
4 | 3962 | 20.960 |
Price($) | Vol. | No. |
---|---|---|
21.130 | 1101 | 2 |
21.160 | 149 | 1 |
21.250 | 237 | 1 |
21.280 | 1477 | 2 |
21.300 | 330 | 1 |
Last trade - 16.19pm 13/08/2025 (20 minute delay) ? |
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QBE (ASX) Chart |