No need to apologise for feeling bad when an investment is down. We all have them I'm guessing in our portfolios.
The banks have been poor for capital growth over the last 10 years and most are investing 'hoping' the turn around happens 'soon' but the dividends of course are the consolation.
So I recently invested 'hoping' the cost cutting WBC is implementing will success in boosting earnings and get the SP moving north.
I'll give it 9 - 12 months while also watching how the macro situation develops, as that will impact obviously.
News: WBC UPDATE 1-Australia's Westpac posts lower CET1 ratio as provisions rise, page-30
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Last
$31.08 |
Change
0.250(0.81%) |
Mkt cap ! $107.3B | |||
| Open | High | Low | Value | Volume |
| $30.85 | $31.13 | $30.83 | $175.8M | 5.668M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $31.05 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $31.08 | 21559 | 2 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| WBC (ASX) Chart |