2020: $14...Inverse Of $41..., page-4

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usc75

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06/01/20

09:25

Post #: 42239365
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Originally posted by Footmax: ↑

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.

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1st consider the Investor's Class Action already lodged in Federal Court...

...IMO, based on Share Price losses over period (e.g. SP April 2015 = $38.66; SP end Dec 2019 = $24.23. Loss = $14.43/share), this could run to $50 Billion...

...if WBC shareholders think this is "bearable", then think again.

WBC Price at posting: $24.36 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $32.65		Change 0.000(0.00%)		Mkt cap ! $111.7B

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	21	$35.09

Sellers (Offers)

Price($)	Vol.	No.
$29.97	2002	2

View Market Depth

No.	Vol.	Price($)
1	21	35.090
4	403	34.610
4	2383	34.280
3	2877	33.680
1	7278	33.500

Price($)	Vol.	No.
29.970	2002	2
30.000	857	1
30.500	177	2
30.690	111	2
31.000	896	2

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2020: $14...Inverse Of $41..., page-4

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2020: $14...Inverse Of $41..., page-4

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