Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.
Hello Firstly Thankyou for your advise, I find it reassuring. Would you be buying more MQG with the drop in share price. Marg
Hi Marg,
Macquarie (MQG) has been hammered this week, down 9% on Friday with more pain to come on Monday. Market dislocations present opportunities, and we’d be interested in topping up MQG if it traded down to a PE of 12-13x, which equates to ~$155/sh.
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