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I wouldn't be worrying about Macquarie selling at anywhere near...

  1. 21,705 Posts.
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    I wouldn't be worrying about Macquarie selling at anywhere near these levels, more likely getting those 2,000 account holders in that Form 603 and other clients to buy more. IMO, that 55 million for less than $2 million would be chicken feed for Macquarie and just a toe in the water. Their decision is being confirmed with each announcement and should give them more ammunition to use to drum up more very lucrative business for themselves.
    Current very positive market activity should put those perennial prophets of doom out of business.
    Today's one is looking more embarrassing by the hour.
    Very solid individual buying right through that 5 to 5.4 cent bracket and they're gobbling up high 4s and low 5s. Good foundation.
 
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