Surely that depends on the cost of keeping it and what you receive for it. Nab raised Capital and now needs to make around 7% more profit overall every year just to make the same profit per share with presumably a similar impact on dividends.
UDC is relatively small beer in the scheme of things but from what I've read the sale of UDC was made at a price above book value. If it's been a factor in not raising Capital (which seems to be the case) and is less profitable than other parts of their business I can't see the problem.
- Forums
- ASX - By Stock
- ANZ
- Ann: ANZ announces sale of UDC Finance
Ann: ANZ announces sale of UDC Finance, page-13
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ANZ (ASX) to my watchlist
|
|||||
Last
$29.95 |
Change
0.020(0.07%) |
Mkt cap ! $89.86B |
Open | High | Low | Value | Volume |
$29.93 | $30.02 | $29.73 | $103.4M | 3.460M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1159 | $29.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$29.95 | 12357 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 28 | 29.900 |
1 | 100 | 29.890 |
2 | 746 | 29.870 |
1 | 12541 | 29.850 |
1 | 12541 | 29.830 |
Price($) | Vol. | No. |
---|---|---|
29.950 | 10357 | 1 |
29.960 | 19951 | 4 |
29.970 | 10148 | 1 |
29.980 | 12494 | 3 |
29.990 | 34690 | 7 |
Last trade - 16.10pm 21/08/2024 (20 minute delay) ? |
Featured News
ANZ (ASX) Chart |