Very unlikely to be impacted. Especially if the fires occured in more rural areas. You can do a search on Insurance Claims + Fires.
Share price depreciation is more due to higher Aussie exchange rate. Once again QBE represents excellent buying opportunity at these prices. I am very surprised that it came back to current levels even though expected NPAT for full year is expected to come in in excess of $2bn. That would bring down its PE ratio to 12 = very cheap for a growth company.
usa fires, page-4
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Last
$17.35 |
Change
-0.560(3.13%) |
Mkt cap ! $26.06B | |||
| Open | High | Low | Value | Volume |
| $17.52 | $17.55 | $17.22 | $82.01M | 4.728M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32691 | $17.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 676 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| QBE (ASX) Chart |