I'd bet on it.
If shorters continue to target MQG, they'll jump with there excess capital to buyback huge portions of the stock.
If it doesn't bounce off 41, the stock is in trouble in the ST.
MQG has no subprime exposures. What it does have is asset exposures. In this equity market, mark to market will force them next yr to potentially take writedowns on there listed vehicle stakes.
Thats the extend of the bad news at Macquarie. But that was a large part of the BNB noise as well.
The only question people should be asking is:
Whats more influencial, shorters shorting this stock down to hell or the company buying back with its excess B/S.
- Forums
- ASX - By Stock
- MQG
- we know nuthin
we know nuthin, page-4
-
- There are more pages in this discussion • 20 more messages 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 MQG (ASX) to my watchlist
|
|||||
Last
$207.15 |
Change
2.480(1.21%) |
Mkt cap ! $79.06B |
Open | High | Low | Value | Volume |
$206.50 | $207.95 | $206.33 | $91.99M | 444.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 72 | $207.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$207.32 | 2083 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 110 | 207.030 |
1 | 1357 | 206.880 |
1 | 2469 | 206.760 |
2 | 1357 | 206.720 |
1 | 572 | 206.660 |
Price($) | Vol. | No. |
---|---|---|
207.320 | 1980 | 1 |
207.550 | 24 | 1 |
207.600 | 250 | 1 |
207.640 | 2044 | 1 |
207.650 | 100 | 1 |
Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
Featured News
MND
Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
NVA
Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MQG (ASX) Chart |