the mindset is that it’s a big 4 bank simply because it’s a bank and we’re used to the categorisation. Yet question whether indeed if it’s a seriously underperforming misplaced bank in quicksand.
long term shareholders are very much under water with the sp less than 2 decades ago. No explanation, apology or accountability by snr management or the errant Board.
With no tangible reason that its future will be any different than the lost opportunities of the past, wouldn’t shareholders and everyone else be better off to put it out of misery for all if it would be fully taken over or with Treasury approval for it to unwind everything, pay back depositors et all and return capital to long suffering shareholders?
WBC Price at posting:
$20.86 Sentiment: Sell Disclosure: Not Held
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