ANZ 0.73% $27.18 australia and new zealand banking group limited

capital raising to hit hard

  1. 636 Posts.
    the high price of the NBNZ acquisition...about $7b is going to be a big pill to swallow,,,it is about 1/4 of ANZ's capitalisation.. and will certainly need a rights issue at a considerable discount

    I would be swapping out of ANZ if I were a shareholder that's for sure!
 
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