"our capital is guaranteed more or less"
Sorry, but it's definitely "less". Shareholders are right at the back of the queue in the event of a company liquidation. They are not even considered creditors, who must all be paid out before shareholders get a thing.
What we can rightly claim though, is that as one of the four pillar banks operating under the oversight of APRA, and supported by a government-backed guarantee on deposits (up to $250k) through the FCS, the ANZ is a considerably safer investment than most other stocks on the ASX.
But 'safer' is a relative term. If an actual capital guarantee is what you are looking for, then a bank deposit covered by the FCS is about the nearest you will find.
All IMO, and definitely not financial advice.
"our capital is guaranteed more or less"Sorry, but it's...
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Last
$28.75 |
Change
-0.020(0.07%) |
Mkt cap ! $86.46B | |||
| Open | High | Low | Value | Volume |
| $28.64 | $28.85 | $28.64 | $67.16M | 2.335M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3135 | $28.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.79 | 747 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$28.83 |
Change
-0.020 ( 0.08 %) |
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| Open | High | Low | Volume | ||
| $28.68 | $28.84 | $28.66 | 291745 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| ANZ (ASX) Chart |