ANZ 1.03% $28.44 anz group holdings limited

buying, page-3

  1. 3,715 Posts.
    Unlucky,

    Yes - long term it will be worth more than it is now, or even more than the heights of last year.

    In addition you will get a decent dividend every six months.

    ANZ however has the highest risk profile of the big four banks - it is opened up to Opes Prime, Bills Express/OnQ, Tricom, Chimera, Austindio (ARX) and a slew of other bad or failed investments.

    School is also out on their Asian strategy as to whether it will be good for them long term - I think this one could be a winner (getting in on the ground floor of growing economies such as Cambodia and Vietnam).

    Overall, I think that it still probably can continue to hit 52 week lows - it has done it like clockwork over the last couple of months and I can't see anything that is going to change that all of a sudden until the world loves financial stocks again.

    Waiting for an unambiguous sign that Financials have seen the worst of it behind them I think would be prudent for a long term entry into the stock - this may mean that you miss a sub $17 entry - but also means that you won't have to ride it lower.

    HTH

    Cheers
 
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Last
$28.44
Change
0.290(1.03%)
Mkt cap ! $85.67B
Open High Low Value Volume
$28.25 $28.53 $28.21 $51.68M 1.814M

Buyers (Bids)

No. Vol. Price($)
13 1642 $28.43
 

Sellers (Offers)

Price($) Vol. No.
$28.44 4879 46
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Last trade - 14.38pm 04/07/2024 (20 minute delay) ?
ANZ (ASX) Chart
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