MQG 0.82% $232.01 macquarie group limited

mqg flying, page-5

  1. 560 Posts.
    It feels like a lifetime ago that it hit $15.

    The price is obviously being pumped up to make it more attractive for the SPP and probably to give instos a chance off-load their shares at a huge premium.

    At the current price ($37.50), applying for a full allocation ($15k @ $26.60 = 560 shares give or take) will net an easy $5k. Too good to be true? Quite possibly, but at the current differential, it looks prima facie like an excellent deal for both MQG and its SHs (high levels of subscription + easy profits for SHs).
 
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