This is a load of c.... Who says that they are not aware of new market conditions.
what mistakes have they made? markets go down as interest rates increase. SP reflects this additional risk
US interest rate is nearing its end , Some more in Europe & Australia.
the MBL business model is evolving, more unlisted funds. But it has been active lately in finding new markets - set up new joint venture with a japanese institution to purchase infrastructure assets in Japan. This has not been reported here as no deal has yet eventuated.
why would you sell mbl cheaply at $61.50? if you are a long term holder ,i.e more than 5 yrs, there is no need to panic.
MBL
macquarie bank limited
isnt macquarie in the doldrums, page-7
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