Michael Pascoe (who is a holder of ANZ)- give it a break, I would rather a cut in dividend, than a cap raising at these levels and since his statement in October, the markets, earnings, etc... have changed for the worse.
Regardless, have a look at today's scoreboard - the mkt and the instos obviously liked ANZ's trading update and to finish above $13 resistance and being the biggest gainer of all 4 majors today, is very bullish.
anz's misdirection, page-4
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 (20min delay)
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Last
$29.64 |
Change
-0.440(1.46%) |
Mkt cap ! $88.41B | |||
| Open | High | Low | Value | Volume |
| $30.01 | $30.03 | $29.54 | $122.8M | 4.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $29.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.64 | 22392 | 4 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |