ANZ 1.21% $29.34 anz group holdings limited

I'm sorry? I wasn't being sarcastic at all.I think ANZ have a...

  1. 434 Posts.
    I'm sorry? I wasn't being sarcastic at all.

    I think ANZ have a very, very bright future. I think Smith has done a fantastic job with everything.... except, I think this capital raising is just too high and too much.

    I had no sarcasm in my post at all.

    $14.40 was low for a capital raising, but, perhaps, at that stage it was necessary? I'm not sure, and $4.7Bn seems like a lot... but, if it was necessary, fair enough. I can't comment too much on it though. I did not contend that it was too low to do a raising in my post.

    ANZ, IMHO is a short-term and a long-term buy... even if they have raised too much capital, too soon, too expensively.
 
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