Confidence and trust in management is the key to survival in bear markets. There's no doubt that Mac's has taken a battering with the horrendous BrisConnections float possibly the most vivid failure to date.
Also note:
"Macquarie remains well-funded and well-capitalised with liquid assets of more than $A20 billion as at
30 June 2008, which is twice the level of a year ago" in today's media release addressing debt concerns.
A year ago, debt facilitation was not a problem!
Has Mac done enough to address investor and market concerns over toxic levels of debt?
response to the australian article, page-18
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Last
$228.53 |
Change
-0.990(0.43%) |
Mkt cap ! $87.10B | |||
| Open | High | Low | Value | Volume |
| $229.92 | $230.59 | $228.30 | $101.2M | 442.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 266 | $228.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $229.00 | 110 | 1 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| MQG (ASX) Chart |