WBC 0.65% $33.28 westpac banking corporation

Bank on a 70% return: Why 'tis the season to be bullish on the Big Four, page-59

  1. 1,573 Posts.
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    I bought 6,000 WBC @ $15.25 on the 23rd of March. It did not move for two months. With Aussie dollars going back up and lock downs slowly lifted, I saw 'Black Rock' taking up a lot of positions in Australian companies, while our Super fund had been selling. I just hope that there will not be another round of selling in July, when some idiots want to cash in the other $10,000. Most idiots I work with said they won't live to 65. I also bought 7,000 NAB on that day. Australian banks are better capitalized than American banks anyway. Stay optimistic ! I would say with such good management of the pandemic, Australia is a fine country to invest, live and study. Would you ?
 
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