ocker,
"Institutions control the sp of the likes of ANZ, and the ANZ sp will only suffer as and when (a) the instos have cause to doubt the quality of ANZ's management controls and future direction, which in turn will lead to (b) they lower their weighting of ANZ exposure in favour of others in the sector."
This could be what causes a breakdown through $20...and if it breaks..support becomes resistance...that is a $20 ceiling with a look out below target $13 worst case, $16 best case
Thats when it would be ripe for a hostile bid...and the ANZ board...what of their future...you answer that
ocker, "Institutions control the sp of the likes of ANZ, and the...
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Last
$29.29 |
Change
0.580(2.02%) |
Mkt cap ! $88.13B | |||
| Open | High | Low | Value | Volume |
| $28.92 | $29.29 | $28.90 | $173.9M | 5.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 9932 | $29.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.29 | 32276 | 12 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |