For business insurance, that's what been told by that source, probably a guess or close approximate.
If a company can manage the deep IO depression downturn reasonably well as a 2nd tier IO business with efficient capital management, then the current SP is a disgrace. IMO this will get to your first target, but my target is $1.18 in the next 18 months, if current IO momentum continues.
Australian financial review, page-5
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Last
30.5¢ |
Change
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Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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| 2 | 104867 | 30.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
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