cheers camden. My position is based on my prediction we are seeing a steady sustained rise in unemployment. This in turn will result in a significant rise in bad debts for banks, caused in part by people unable to sustain mortgage repayments, car loans, and a fall in credit generally. As your other piece stated: WBC is looking fully valued. hence, whilst my shorts will have to wear the cost of divs (but not franking credits being CFDs)i feel that bank SPs are vulnerable. time will tell.
I do agree there are many stks that are fully priced and could be shorting positions for readers.
PS. i have already banked some profits from my shorts in NAB. However the other 3 are in the red and we'll see what will happen. I have little faith in world economy's ability to continue to stagger along.
- Forums
- ASX - By Stock
- WBC
- made my bed
made my bed, page-9
-
- There are more pages in this discussion • 20 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WBC (ASX) to my watchlist
|
|||||
Last
$29.38 |
Change
0.530(1.84%) |
Mkt cap ! $101.2B |
Open | High | Low | Value | Volume |
$28.99 | $29.43 | $28.96 | $87.79M | 3.004M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 3952 | $29.38 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$29.39 | 9900 | 22 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 8570 | 29.370 |
9 | 4423 | 29.360 |
10 | 5751 | 29.350 |
9 | 4837 | 29.340 |
8 | 4686 | 29.330 |
Price($) | Vol. | No. |
---|---|---|
29.390 | 10506 | 30 |
29.400 | 18701 | 23 |
29.410 | 4418 | 10 |
29.420 | 12242 | 12 |
29.430 | 11224 | 15 |
Last trade - 13.14pm 15/08/2024 (20 minute delay) ? |
Featured News
WBC (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online