ANZ

This is a very rare event.  This morning I topped up ANZ at 29.52, yesterday's closing price.  The SPP is over $30.95.  It is extremely uncommon for SPP price to be above any of the Big Four banks market price.

And today, with my untrained eyes, ANZ (NZ) has announced their trading performance for the last quarter.  It is not awful.  Perhaps it is the caution that the market doesn't like.  But if the money I put into its share earns more than 2% (either capital gains and/or dividend), I would be happy.

My question is what is happening with the ASX when banks are dumped?!