Comments on: Fusion Fund Takes up Full ANZ SPP Allocation http://www.fusioninvesting.com/2009/07/fusion-fund-takes-up-full-anz-spp-allocation/ Fusing Fundamental and Technical Analysis with lashings of Behavioural Finance. Investing in Australia and North America. Tue, 16 Mar 2010 12:05:41 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Dean Morel http://www.fusioninvesting.com/2009/07/fusion-fund-takes-up-full-anz-spp-allocation/comment-page-1/#comment-828 Dean Morel Thu, 09 Jul 2009 11:08:09 +0000 http://www.fusioninvesting.com/?p=2194#comment-828 <a href="http://business.theage.com.au/business/anz-raises-record-22b-from-retail-investors-20090709-deda.html" rel="nofollow">ANZ Bank raises a record $2.2B from retail investors.</a> The shares are due to be allocated on Monday. As I have the another imminent capital raising and wouldn't be able to rush to Perth with a cheque as I did for ANZ, I sold part of our existing ANZ holding yesterday. I still plan on selling more of either ANZ or MQG over the coming month or so as our Australian portfolio is overweight banking. I did see a good post about a mining net-net situation today, HGO.AX. IF only I get over my aversion to mining. ANZ Bank raises a record $2.2B from retail investors.
The shares are due to be allocated on Monday. As I have the another imminent capital raising and wouldn’t be able to rush to Perth with a cheque as I did for ANZ, I sold part of our existing ANZ holding yesterday. I still plan on selling more of either ANZ or MQG over the coming month or so as our Australian portfolio is overweight banking.

I did see a good post about a mining net-net situation today, HGO.AX. IF only I get over my aversion to mining.

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