This stinks.
So why did it take this long for ANZ and Merrills to work out how much they were owed? Is it that hard?
Are they keeping proper records? Banks are required to adhere to strict capital requirements so they should know day to day how much has been lent out.
Do have have weekly or even monthly department meetings where they need to report this to management? This should be a key reporting metric.
Maybe they had all these IOU's from Laurie and co on sticky notes and they had to find them all and get the calculator out.
Ferriers, you need to be checking the maths on this.
This stinks.So why did it take this long for ANZ and Merrills to...
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Last
$28.82 |
Change
-0.340(1.17%) |
Mkt cap ! $86.72B | |||
| Open | High | Low | Value | Volume |
| $29.36 | $29.45 | $28.82 | $157.1M | 5.417M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 24121 | $28.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.84 | 2748 | 1 |
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| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| ANZ (ASX) Chart |