ANZ.NZX - Anyone holding?

[peat]

I am posting in the ANZ.NZX forum so its NZ all the way. My chart earlier was in NZD as well.

[macduffy]

I said to a colleague the other day, "we"ll see 28"

So when do you think that will be, peat?

(ANZ at $31.60 today.)

[Bobdn]

We're in the DRP calculation period now. Hopefully will drop a little more so we can get a few more come July.

[peat]

So when do you think that will be, peat?

(ANZ at $31.60 today.)

Thursday 27th July

[macduffy]

Thursday 27th July

Thanks, peat. Nice to know!

[peat]

Thanks, peat. Nice to know!

As (I'm sure you realise) with all forward looking statements predictions are difficult especially about the future.
So the precise date was a little tongue in cheek, but I did actually apply fibonacci time analysis fwiw.

[macduffy]

As (I'm sure you realise) with all forward looking statements predictions are difficult especially about the future.
So the precise date was a little tongue in cheek, but I did actually apply fibonacci time analysis fwiw.

Thanks again, peat. Clarification not necessary but good to know that there is some method augmenting your crystal ball gazing!

[peat]

S+P downgrades whole Australian banking industry
ANZ estimates cost of levy - we estimatethat the annual financial impact of the tax would have been approximately $345 million on abefore tax basis, and approximately $240 million after tax.

Discl (no position) but I will confess pride is at stake.

[trader_jackson]

only 240m? how much did they make 2.9b? so less than 1% 'actual' impact, yet the share price of ANZ fell how much this month? nearly 15% or something? (mostly due to the budget tax I believe)
(Made a mistake... actually 8 ish %)

[BlackPeter]

might want to refresh your calculus lessons ...

240 m would be roughly 8.3% of 2.9 b, quite a significant take.