SUN has been hammered of course. Sold some but still holding about 10k. The question is what exposure do they have to hurricane Sandy and how much could it hurt them?
The Co. has been totally quiet of course and that is a bit worrying bec. if they had little exposure they would come out and say so. QBE on the other hand is supposed to have a lot more exposure and the stock has not been anywhere as heavily sold down. (Although QBE was well down before.)
Just wondering how much more downside there could be. SUN trades quite lightly so any selling can easily drive it lower.
The jobs layoff at SUN might be seen either way and that could be a reason to take it lower now.
But longer term I like it. Trading atm on uncertainty and some nervous nellies around. Anyone got anything better to add?
HM
sun quandry
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Last
$19.70 |
Change
0.030(0.15%) |
Mkt cap ! $23.46B | |||
| Open | High | Low | Value | Volume |
| $19.59 | $19.71 | $19.48 | $35.18M | 1.789M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2065 | $19.65 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.70 | 80233 | 7 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SUN (ASX) Chart |
