Thanks for your contribution to date . Been very useful to me as I have funds to buy in to mitigate losses. Have been distressed and disgusted at how badly the BOD have read the room so to speak . My vote for CEO remuneration is a definite no . Mc Farlane said that the buyback is in the best interest of shareholders, which clearly has backfired , so they must pay the price for not realising that any bad news in the report , NIM and a complicated buybtack would be seized upon by commentators as a negative and down price will go . Feast for non shareholders and shorters not the believers. I have been buying up at lower prices but it is like a falling knife. Good lead from US down , poor lead from US down lot more. Imagine if they had an on market buyback the price could be sustained somewhat but everything is in favour of freefall. So badly managed.
WBC Price at posting:
$21.78 Sentiment: Hold Disclosure: Held
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