I said MQG would go back under $200 and now it has done exactly that.
Morningstar says it is worth $197 and they got that one right. 3.25% dividend yield when the other Australian banks are almost double at 5%. Earning yield at MQG is 4.97%, much higher at the other Australian banks @silverdonut, @oberte, @pakkham@cameronb. UBS is also neutral on MQG citing regulatory pressures.
and then you have Shemara and the DEI appointee issues as well.
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