Why invest in any bank? Their business models are all highly leveraged and most of the assets that they have a lean over on their loans will be seriously devalued over the next couple of years. There might be another year or two before the credit/housing bubble really unwinds with a vengeance but when it does the lending game will be about the worst game to be in.
I think most if not all of the banks have raised capital... they're investing in cash and it's a very good idea.
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Last
$30.22 |
Change
0.140(0.47%) |
Mkt cap ! $90.01B | |||
| Open | High | Low | Value | Volume |
| $30.26 | $30.31 | $30.05 | $82.93M | 2.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 6130 | $30.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.22 | 6426 | 38 |
View Market Depth
| Last trade - 15.14pm 15/07/2025 (20 minute delay) ? |
| ANZ (ASX) Chart |