I had previously said that the CR is a rip-off and that it's a better deal for Macquarie at a corporate level and not for Macquarie shareholders, and that the price would come down below the CR issue price, and here we are!
I was also super annoyed at management that the retail investor price didn't account for franking credits from the dividend that institutional investors received.
I maintain the view that we can expect it will rangebound at $150-$180. Expect months possibly years of painful consolidation as CSL shareholders have been enduring for the last 3 years. This is really only worth holding onto now if you got in at a good price ($100 or below) for the relatively fat dividends. We all knew MQG had run too hot.
Brace yourselves for a long, slow grind, but as some long-time MQG investors have said, buying on the dips, holding tight, and not selling led to very superb riches!
- Forums
- ASX - By Stock
- $200 Party
I had previously said that the CR is a rip-off and that it's a...
-
-
- There are more pages in this discussion • 58 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
$204.69 |
Change
0.880(0.43%) |
Mkt cap ! $78.38B |
Open | High | Low | Value | Volume |
$205.91 | $207.57 | $204.01 | $167.1M | 819.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | $204.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$204.69 | 8739 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 15 | 204.000 |
1 | 10 | 203.900 |
1 | 19 | 203.820 |
1 | 100 | 203.570 |
1 | 100 | 203.500 |
Price($) | Vol. | No. |
---|---|---|
204.810 | 35 | 1 |
205.000 | 550 | 4 |
205.050 | 1030 | 1 |
205.100 | 602 | 1 |
205.450 | 250 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
MQG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online