Ggot me thinking, with bank Hybrids likely being outlawed within...

Ggot me thinking, with bank Hybrids likely being outlawed within a decade, one means of capital raising, it to issue shares at a slight discount to the current price. At 26 times earnings the cost of issue to the bank would be 1/26 = 3.8%. People can buy in at this price and then be charged 6.5% on their home loan.

Anyone else see the absurdity of a 3.25% dividend yield when your paying almost twice that on your vanilla home loan? I guess the strategy for current buyers at this point is waiting for someone willing to accept less than 3% for owning CBA shares