MQG 2.85% $193.34 macquarie group limited

You do realise that $141B in debt would be for loans they...

  1. 639 Posts.
    lightbulb Created with Sketch. 68
    You do realise that $141B in debt would be for loans they provide to institutional and consumer clients and debt that the asset management arm holds as part of their investments, every bank holds a large amount of debt, they need to, to make their business viable as they make their money on the spread at which they borrow and the rate they charge customers. I can’t see much more of an appreciation in the share price in the current environment unless some positive news comes out from the company but I don’t try and forecast where a share price is gonna be next month, I’m worried about 5-10 years away.
 
watchlist Created with Sketch. Add MQG (ASX) to my watchlist
(20min delay)
Last
$193.34
Change
5.360(2.85%)
Mkt cap ! $74.04B
Open High Low Value Volume
$190.88 $193.82 $190.02 $181.5M 942.4K

Buyers (Bids)

No. Vol. Price($)
1 701 $193.34
 

Sellers (Offers)

Price($) Vol. No.
$193.36 404 1
View Market Depth
Last trade - 16.10pm 16/05/2024 (20 minute delay) ?
Last
$193.09
  Change
5.360 ( 2.79 %)
Open High Low Volume
$190.33 $193.80 $190.02 181671
Last updated 15.59pm 16/05/2024 ?
MQG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.