ADB is looking strong. It has one of the strongest earnings reports in the banking sector. Note that during the big fall last week, ADB did not fall.
What I like about this share is that in October last year the company removed the 10% ownership restriction on the company. I belive this will allow prowlers to buy up the comapny which is a relatively small bank. Look at what happened to SGB after the ownership restiction was limited some years ago.
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adelaide bank limited
looking strong, page-4
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