it all depends on the US markets ad the monolines
if your an ANZ investor either short or long you should also be a monoline follower, in particular Ambac and MBIA
IMO it will over shoot to the downside
Buy n Hold has made the point a number of times the losses will be written back and to some extent I think that argument will be key and I acknowledge it
this happened in 92 yields went to zero then there was an almighty bounce
my view is it could get down to 10-12 but could be back around 17 inside 18 mths
Im sitting on the sidelines at the moment, wait and see is the game at the moment
it all depends on the US markets ad the monolines if your an ANZ...
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Last
$29.64 |
Change
-0.440(1.46%) |
Mkt cap ! $88.41B | |||
| Open | High | Low | Value | Volume |
| $30.01 | $30.03 | $29.54 | $122.8M | 4.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | $29.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.64 | 22392 | 4 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |