ANZ Capital Notes Issue March 2015

[winner69]

It would appear that you have fallen into the trap of assuming that the SP somehow is a valid indicator of a company's worth and viability and then further compounded this by making a grandiose statement "that they have MASSIVE exposure to the mining and dairy sectors with many of their customers unable to pay their bills ?".. what's the question mark for? Not quite sure of the facts so covering your nether regions? "MASSIVE" implies a dangerously large amount...where are you getting that information from? Or is it a hypothetical adjective based on your assumption that (A) mining sector has been suffering generally so therefore a majority of this sector are at the bankruptcy level...and /or (B) that the ANZ is more affected by this than Westpac or ASB etc. AND that if this is the case that they have somehow managed to hide this from everybody...except you of course. LOL A lot of stocks and shares have had their SP drop...this happens all the time and is normal. Why is it normal? Because people of similar ilk jump on and off based on emotion and the latest market sentiment. Seen it all before and no doubt will see it all again. If holders of these bonds knew anything they would be selling...appears not...so falls upon you to warn us all. Thanks. If you could back up your statement with some cold hard evidence would certainly be interested but hyperbole and panic doesn't convince me.

Hi Birman - woken up from your nap - good for cats to snooze through a warm lazy summer?

Suppose if ANZ have suspended your interest payments and you have become the proud owner of tens of thousands of cheap ANZ shares we ALL will have many other things on our mind.

But why worry as Mark Knopfler said there should be sunshine after rain / these things have always been the same / so why worry now