I doubt $1.4bil would be "on par" with the $700mil paid by CBA - given that WBC committed a thousand times more breaches and knew they were happening for years and refused to fix the problem.
Having said that, I agree with the trading range you set out - might even be a dollar or two too low at the bottom end.
To be honest, I do believe most of the pain has been experienced and the market won't act to adversely (or for too long) if the fine is $3bil - and I think that is the sort of figure to be expected.
2020: $14...Inverse Of $41..., page-3
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Last
$30.77 |
Change
-0.340(1.09%) |
Mkt cap ! $106.1B | |||
| Open | High | Low | Value | Volume |
| $31.03 | $31.06 | $30.71 | $54.36M | 1.748M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 3280 | $30.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.78 | 2737 | 12 |
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| Last trade - 11.56am 03/10/2024 (20 minute delay) ? |
| WBC (ASX) Chart |