One thing I have learnt in my life is that Banks never lose, (well. likely not to lose).
Any price dip, almost always recovers.....We all remember last year in March when the world was going to end and the banks crashed to between $14/$16, 12 months later the same banks were trading $10 to $15 higher. (or back to the original)
I've just bought in and will continue to buy more with every $1 drop from this point. This Bank makes money and will continue to make money in the future, they may even rise interest rates against the RBA.
All IMO, not investment advice.
WBC Price at posting:
$21.66 Sentiment: Buy Disclosure: Held
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