Where's the supportive information?
IMO, Key Reasons Why WBC SP Will Head South:
1.
26 Investor Class Actions: still pending. According to Alan Kohler on ABC New on Thursday 24th Sept 2020,
Shareholders have LOST $37bn related to Westpac-AUSTRAC Paedophile-Money Laundering Scandal!
https://www.abc.net.au/news/2020-09-24/thursday-finance-with-alan-kohler/12700482?nw=0
Q: how much will WBC get Hit??2.
?? Retail Customer's Class Actions related to above: IMO, expect several to follow.
3. Exposure to Customer Debt Defaults: yesterday, both JobKeeper & JobSeeker Payments Got Slashed: former by 20% & 50%; latter by 45%!
See various media announcements.
Q: hoe much will WBC get hit by increase in defaults??
Nobody yet knows, but IMO it's likely to be substantial...
(20min delay)