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.
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!
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.
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 %)
Last edited by trader_jackson; 23-05-2017 at 09:34 AM.
Reason: Made a mistake
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