they are being delisted due to ANZ buying them back
The greatest trick the devil ever played was convincing mankind he does not exist.
kk so this came out for ANZ today... is this some kind of purchase made by the bank and why would this cause the price to fall?
ANZ ex-dividend today - 64 cents - so accounts for most of the fall. in fact ANZ is outperforming the other majors this morning.
The announcement is just debt issuance. Common practice and usually has little impact on s/p.
It doesn't matter whether you win or you lose as long as you win.
aaah right so the debt issuance thing just happened to coincide with the ex dividend date that's all.....
ritio thanks for that