Macquarie is only worried about one thing.... making lots of money. They are the Roman Empire of banking.
Unfortunately that means they may last for thousands of years.
They had some risk appliance when they were purely predatory monetisers but now they have joined the pack of retail banking.
They are not as smart as they make out to be. Lots of hubris without the checks and balances that were in place before (even with the scandals that did emerge.)
NXL caught in the transition...
I would not be comfortable holding either at this point in time, even though their valuations have gone in different directions recently.
Their governance is a fraud.
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1 | 303 | 4.690 |
1 | 2000 | 4.600 |
1 | 2779 | 4.580 |
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Price($) | Vol. | No. |
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