ANZ 1.17% $28.82 anz group holdings limited

Sheggi,This guy's track record has been legendary the past six...

  1. 144 Posts.
    Sheggi,

    This guy's track record has been legendary the past six months - if you do the exact opposite of what he says, you will be right 90% of the time. Just check out his form in calling ANZ down.

    Everyone knows about NBNZ and now that ANZ has seen off its competition, the market are comfortable that they have a chance of snaring this at the right price - hence the large jump in ANZ's share price on the day WBC pulled out. I suspect that the market will not move against ANZ until they are announced the winner and only if the price is higher than expectations. However if the global markets start turning down now, it will increase the pricing leverage for ANZ to grab a good deal.

    Jaysee
 
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