The next week will be very interesting to see where the SP settles. I suspect that it will be around $25 or slightly less. If that’s the case, then taking up the SPP will mean the pricing will be around $24.50 or lower.
Will now wait til mid next week and decide then. Notwithstanding the horror of the AUSTRAC findings, I will be inclined to take up the SPP. My rationale for this is that the BOD will be cleaned out, a new CEO will surely be found, and even with the fines to be paid the bank will be better for it. Like with CBA you will get a change in culture and improved systems, and the Bank will be better for it.
Shares Trading Below Capital Raising Price!, page-5
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Last
$30.91 |
Change
0.130(0.42%) |
Mkt cap ! $106.3B | |||
| Open | High | Low | Value | Volume |
| $30.86 | $31.10 | $30.61 | $130.5M | 4.228M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2639 | $30.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.93 | 6168 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| WBC (ASX) Chart |