1% probability that it will go to $50. ceo confident that it will exceed last yr's profits. @$50, historical PER is x13 -lower than the 4 Big Banks.Unlikely scenario!
market volatility is causing SP to fall. Need to watch whether it will fall to $58.02, its lowest level for this yr.
BNB is seeking $250m for a new infrastructure fund in Singapore , which shows that there is still a need for this type of asset.
MBL
macquarie bank limited
is it cheap , page-22
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