The ANZ capital raising at $13 has killed off the stock price temporarily. Major capital raising ALWAYS damages the stock price in one way or another
Once the new shares are on the market - late November ANZ will recover - don't worry.
If you are confident in the aquisition that ANZ has made then you just have to patient, take a medium term view and take the hits.
In the short term they are going a lot lower IMO - look for a bottom around late 17 Nov? when the rights trading ceases.
Check out the price patterns for other stocks that have undergone major capital rasings - there are distinct similarities to what is happening to ANZ
Cheers,
Christian
- Forums
- ASX - General
- ANZ
- whats going on ?
whats going on ?, page-9
-
-
- There are more pages in this discussion • 1 more message 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
(20min delay)
|
|||||
Last
$30.48 |
Change
0.040(0.13%) |
Mkt cap ! $90.92B |
Open | High | Low | Value | Volume |
$30.40 | $30.68 | $30.36 | $190.1M | 6.236M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 980 | $30.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$30.49 | 15525 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1000 | 30.400 |
1 | 1000 | 30.380 |
1 | 98 | 30.370 |
7 | 8668 | 30.360 |
9 | 4915 | 30.350 |
Price($) | Vol. | No. |
---|---|---|
30.490 | 15525 | 4 |
30.500 | 12347 | 1 |
30.530 | 59 | 1 |
30.550 | 500 | 1 |
30.560 | 1141 | 2 |
Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
Featured News
ANZ (ASX) Chart |