ANZ 0.50% $26.07 australia and new zealand banking group limited

nbnz purchase to hit anz hard

  1. 636 Posts.
    ANZ's looming $7b of NBNZ will require the largest capital raising in Australian banking history, eroding Tier One capital eating into the next dividend and requiring a rights issue. All of these are bad news for shareholders.

    frightening isn't it?
 
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