The share price does seem to have a solid base and a case for going up further.
The possibility of Macquarie acquiring as the licensee business has been sold off is now worth considering. $5 billion for them is not a big deal. In Macquarie’s hands the bank could get up to $150m profitability. The platform is good for $100m. There is about another $50m of profit there and assets not producing that much profit that can be sold.
Ann: 1H 24 Investor Presentation, page-57
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$1.32 |
Change
-0.005(0.38%) |
Mkt cap ! $3.392B | |||
| Open | High | Low | Value | Volume |
| $1.33 | $1.34 | $1.31 | $8.738M | 6.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 82349 | $1.31 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.32 | 68991 | 4 |
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