"Macquarie’s regulatory capital position remains strong, with $A2.9 billion of capital in excess of the Group’s minimum capital requirements at 31 December 2008."
Can anybody clarify what they are talking about here?
It says "capital" not cash. So I assume they mean assets over liabilities. But how do you value assets these days?
What about MQG's cash position? How liquid are they? Does this mean they prefer to raise cash through asset sales rather than a placement? Or is their cash position good?
Appreciate any feedback.
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Last
$229.89 |
Change
0.380(0.17%) |
Mkt cap ! $87.61B | |||
| Open | High | Low | Value | Volume |
| $228.50 | $230.59 | $227.75 | $63.85M | 278.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 515 | $229.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $230.13 | 1000 | 1 |
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| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| MQG (ASX) Chart |