I think you may be right crackpot. I am not yet a buyer as I see better upside elsewhere for the moment, but I do think downside is limited from here - at least in the medium term.
Cost-cutting is extremely evident across the board, which is something they have needed to do for a long time. Still plenty to go and some of the personnel changes that have occurred may assist that, albeit that they have lost some of their best people.
The main thing is that the market has finally woken up to what macquarie really is now and are now pricing it accordingly - it only took 3 years for that to happen...
Still see some potential downside risks, but nothing imminent.
financial cracks get deeper ......, page-5
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Last
$201.70 |
Change
1.990(1.00%) |
Mkt cap ! $76.98B | |||
| Open | High | Low | Value | Volume |
| $203.01 | $204.31 | $201.40 | $102.8M | 507.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 310 | $201.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $201.90 | 2241 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MQG (ASX) Chart |