I doubt $1.4bil would be "on par" with the $700mil paid by CBA - given that WBC committed a thousand times more breaches and knew they were happening for years and refused to fix the problem.
Having said that, I agree with the trading range you set out - might even be a dollar or two too low at the bottom end.
To be honest, I do believe most of the pain has been experienced and the market won't act to adversely (or for too long) if the fine is $3bil - and I think that is the sort of figure to be expected.
2020: $14...Inverse Of $41..., page-3
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Last
$28.05 |
Change
0.200(0.72%) |
Mkt cap ! $97.03B | |||
| Open | High | Low | Value | Volume |
| $28.14 | $28.17 | $27.90 | $95.50M | 3.394M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8815 | $28.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.08 | 168 | 1 |
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| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |