zero probability. It needs to hold as much cash as possible to take advantage of the opportunities available, esp after the rout of the private equity funds. Great news that the US investment banks are incurring large subprime losses.
Market will focus on its profit outlook, possibly a $2BN profit for the full yr ending 31 March 2008. still the cheapest in the finance sector.
MBL just bought another US utility firm for #3.15bn.
MBL
macquarie bank limited
zero probability. It needs to hold as much cash as possible to...
Add MBL (ASX) to my watchlist
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