QBE share purchase plan arbitrage

Even if you don’t want to increase your investment in QBE shares, you should still consider participating in the share purchase plan.

After the former market darling announced the latest in a string of profit downgrades, the share price of QBE Insurance has risen 32% since hitting a nadir of $9.88 on 12 Jan 12, a figure last seen on 28 October 2003.

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