re: poor start to the new financial year
Yep. Not a good time to be in financials at all.
The XFJ is like a boat anchor on the XJO.
ANZ could fair much worse than $15 if the Opes court action doesn't go their way also. They have squared off against the big end of town so it's doubtful money will be an issue for the ex Opes customers. ANZ won't win all those cases. They could lose big time if they are not careful.
BNB has been polaxed. MQG has been a target of US hedgefunds for ages. Sheesh.... it's a minefield for a native bull.
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