Hi all
Many here are down ramping ANZ
This was the only bank along with NAB that came transparent and told the market about bad debt and wrote off them
The market punished them but they are the two banks that are seeming to be good for value as per even global investors. In fact the global investors think that ANZ is the best bank in terms of price to book value and NTA.
WBC unfortunately has made the SGB purchase at a very high cost and their bad debt is going to affect them and that is why it is falling so much. CBA has been very stealthy and their exposure to Allco and ABC alone is 1 billion $.
God only knows these people's exposure to the villain BNB.
Sara
Hi allMany here are down ramping ANZThis was the only bank along...
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Last
$29.34 |
Change
-0.150(0.51%) |
Mkt cap ! $88.74B | |||
| Open | High | Low | Value | Volume |
| $29.25 | $29.40 | $29.23 | $15.77M | 538.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 1515 | $29.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.34 | 1476 | 8 |
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| Last trade - 10.36am 25/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |