Basically it's a bet on the economy.
Things go well for the next 3 years, probably see ANZ into the $30s with 8% FF Div and maybe 3% Capital Growth.
If not, you only have to check back to the last 2 major economic events in Australia 1991 and 2008, ANZ dropped about 60%.
Ann: ANZ 2015 Full Year Result - Media Release, page-12
Add ANZ (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$31.40 |
Change
-0.120(0.38%) |
Mkt cap ! $93.89B | |||
| Open | High | Low | Value | Volume |
| $31.75 | $31.87 | $31.40 | $146.5M | 4.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 14009 | $31.39 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.42 | 245 | 1 |
View Market Depth
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |