I hope not for ANZ sholder sake. ANZ and NAB are taking the same risk that NWS and Telstra took.
The huge FoxTel losses have crippled TLS profits for years but at least they got some of their capital back from NWS.
ANZ might not so be so lucky.
I think AFL in its present form is unsustainable and has been for many years. FoxTel losses prove this somewhat IMHO. A lot for ANZ to take on, terribly risky line of credit.
a quick comparison of upside/downside, page-5
Add ANZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$32.34 |
Change
-0.120(0.37%) |
Mkt cap ! $96.31B | |||
| Open | High | Low | Value | Volume |
| $32.40 | $32.80 | $32.29 | $176.1M | 5.419M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5502 | $32.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.34 | 5195 | 1 |
View Market Depth
| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |