Hi Gavin,
From a broader ASX perspective, I agree (for reasons previously stated) with your last paragraph.
To click out the $40.00 figure, however, you have to also factor for some overseas interest in the Bank (circa, HK&S), or a change in management at the top.
In my strategic thinking, I am factoring for both eventualities.
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Last
$38.27 |
Change
-1.340(3.38%) |
Mkt cap ! $117.2B | |||
| Open | High | Low | Value | Volume |
| $39.33 | $39.40 | $38.27 | $272.2M | 7.036M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4 | $38.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.30 | 8 | 1 |
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