BOQ $10, page-556

The price is being driven down by big insto holders. I am not sure why you dont understand this strategy post ex divy date.

A large holder with hundreds of thousands or even millions of shares sells 5% of their portfolio after ex divy. The dividend credit they receive is already locked in.

The large holder then drives the price down with that 5% of sales leading to a great VWAP and leads to them being issued even more shares.

Banks have just had a massive run up in loans and we are also on the edge of interest rate increase as much as RBA play it down.

Higher loan uptake and once interest rates start to go up will be a perfect storm for bank sector profit margins.

Its the waiting game atm. But id rather be in before the rest of the sheeple get here. Once rates go up its too late by that stage.