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
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$30.33 |
Change
0.040(0.13%) |
Mkt cap ! $90.49B | |||
| Open | High | Low | Value | Volume |
| $30.33 | $30.46 | $30.15 | $106.3M | 3.507M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $30.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.34 | 5387 | 1 |
View Market Depth
| Last trade - 16.13pm 11/07/2025 (20 minute delay) ? |
| ANZ (ASX) Chart |