It did go down to $13.27 and even under $13. That is fact.
Patrick Snowball's departure and the impending arrival of a property company CEO who has not had much involvement with financial services has meant the business is in a state of flux.
Life business is getting more of a problem.
GI business is competing with a Buffett supported IAG, a resurgent QBE and the possible injection of foreign insurers.
Bank will be losing market share to the four majors as four majors come in on SUN Bank's territory due to capital impositions from APRA requiring the majors have a more diversified book.
Dividend Forecast, page-4
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$19.59 |
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Mkt cap ! $23.46B | |||
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| No. | Vol. | Price($) |
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| 1 | 399 | $19.59 |
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| Price($) | Vol. | No. |
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