I'm a Suncorp holder primarily via Promina. It got me thinking the other day.
PMN was bought for $7.9B.
The banking business received an offer of around $3.5B last year.
The pre-Promina insurance holdings (e.g. GIO) and Wealth division have no recent reference point.
The current market cap of SUN is about $4.6B.
How would you break this up?
Ok old Promina, maybe $5B assuming a 35% over-payment.
Bank bit maybe $2.5B assuming a 28% over-offer.
Pre-Promina insurance, hand in the air $1B, same again for wealth.
What division is worth -$4B?
I'm a Suncorp holder primarily via Promina. It got me thinking...
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Last
$20.94 |
Change
-0.130(0.62%) |
Mkt cap ! $22.67B | |||
| Open | High | Low | Value | Volume |
| $21.17 | $21.21 | $20.85 | $31.87M | 1.521M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1657 | $20.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.95 | 2362 | 1 |
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| Last trade - 16.10pm 16/09/2025 (20 minute delay) ? |
| SUN (ASX) Chart |