Didn't I hear that computer s(t)ocks always stay up?
Seriously, I sold down at this peak to nominal holding levels. I expect I will be able to buy in at a lot lower level as the credit cycle deteriorates over the next 12-18 months. It takes that long for the bad debts (company - not individual) to come up and be dealt with (work around, restructure and write-offs). What we are seeing with building companies and some retailers (eg Godfreys and Body Shop) is only early stages.
And, yes, I was one of the mugs that bought some at $30 but bought a lot more at $16.47 during covid. I will recover my losses one day.
Westpac's $1,000,000,000 AUSTRAC Settlement?, page-541
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Last
$33.03 |
Change
-0.260(0.78%) |
Mkt cap ! $113.0B | |||
| Open | High | Low | Value | Volume |
| $33.24 | $33.35 | $32.82 | $105.9M | 3.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200 | $32.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.04 | 4350 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
| WBC (ASX) Chart |