BOQ Above & Beyond, page-7

yeah i dont know really, it seems crazy but the best way i explain it is that interest rates are just that low that its driving all assets up. Rates are going to be low for a while so assets such as property and shares will continue to go up.

money in the bank is just dead money and so many people are flocking to shares and property for yield.
as an example lately ive been on the phone to a few major banks organizing margin lending and opening other share/options accounts.
the waiting time on each phone call to these banks and their broking teams has gone from like 2-3 minutes to like 30 minutes. When i questioned how ridiculous this was they apologized and just stated that they are seeing absolute unprecedented customers opening broking accounts and margin lending accounts.
In fact one bank rep told me that in the last 2 months they have had more application in the last 2 months than they have had over the entire last financial year. Crazy.
I already have options accounts opened with the highest level to allow all options trades, yet they have put on hold the opening of new top tier options trading accounts. Crazy they are actually knocking back new options account applications, i have been put on a waiting list...hahahhah crazy.

What are peoples thoughts on BOQ current run, i must admit its taken me buy surprise, current shareholders can buy at 7.35 that is an instant profit if SP holds around these levels, do people see this dropping over the next week to match the placement price???