Nobody is suggesting (even remotely) an Aussie bank will go belly up. Rather the bad debts will accumulate and weigh increasingly on future earnings triggering a cut in divs spread over several (5+?) yrs. Where will the SP be this time next yr? Nobody knows but trend still down.
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$29.71 |
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24 | 15957 | 29.710 |
16 | 5096 | 29.700 |
9 | 4263 | 29.690 |
11 | 4599 | 29.680 |
Price($) | Vol. | No. |
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29.730 | 1229 | 11 |
29.740 | 4005 | 16 |
29.750 | 3853 | 11 |
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