ANZ 1.01% $30.44 anz group holdings limited

"ANZ today announced the launch of a fully underwritten...

  1. 1,508 Posts.
    "ANZ today announced the launch of a fully underwritten institutional share placement to raise
    $2.5 billion of capital to create greater financial flexibility to pursue strategic and organic growth
    opportunities and to further strengthen the Group’s capital position. "

    I don't see why they should go down to $14, they say the raising is to buy RBS assetts in Asia which are value adding.
 
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