I suppose that's a possible reason.
However, I note that last year 1-month before the dividend on 08/11/10, that the price actually started from 23.40 went down to 22.30 and came back to 23.40 for the dividend.
Today's price is $24.90, being significantly higher than price of $23.40 to receive the dividend last year.
What has changed? Has the consensus for westpac significantly changed in this time?
technically speaking, page-10
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Last
$27.92 |
Change
0.285(1.03%) |
Mkt cap ! $96.43B | |||
| Open | High | Low | Value | Volume |
| $27.75 | $27.95 | $27.72 | $49.23M | 1.768M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 3600 | $27.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.92 | 1231 | 7 |
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| WBC (ASX) Chart |