MQG 0.07% $202.88 macquarie group limited

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  1. 41 Posts.
    BlueMonday, I wasn't able to find exactly how much macquarie are trying raise in this public offering but i assume it's similar to the amount offered to institutional investors (around 540 million).

    Lets make some broad assumptions:
    - The full 540 million gets issued
    - 50% of investors plan to dump the share on the date of issue

    540 million @ $26.6 is ~20 million shares. The average volume for MQG is around 3.5 million per day.

    Just looking at these figures i'm not sure the 12th of June is going to be a very pretty day for MQG.

    What are your thoughts on this??
 
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