Investment houses are becoming a dying breed in this "leverage is toxic" environment. Deals are endangered and is not enough to feed the circling sharks. Management fees from their satellites are being seriously questioned by seriously burnt investors. Their clients are redeeming to cash and too scared to trade. Their lending businesses have been virtually shutdown because they don't have retail deposits and need to borrow heavily in the wholesale market. And what about the tens of millions STILL being paid to their "elites"? IMO, stripping away all this and MQG is virtually a shell company. Of course, IMO, you will get short term bounce, but it will definitely be long term pain.
help pls., page-23
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Last
$199.71 |
Change
-0.120(0.06%) |
Mkt cap ! $76.22B | |||
| Open | High | Low | Value | Volume |
| $199.50 | $200.71 | $198.24 | $91.85M | 459.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31 | $199.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $199.82 | 244 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MQG (ASX) Chart |