WBC westpac banking corporation

Ann: Westpac announces $3.5 billion off-market share buy-back, page-37

  1. 2,692 Posts.
    lightbulb Created with Sketch. 392
    Hey, Bud

    Vaccine got announced Nov - at that time the share price sat at 20.35$~

    Like i said if it goes to low 20's then itl be trading at COVID depth lows

    Lending was tightened, JK was still around and alot of uncertainity, no O/S travel

    So if we go to 22-23$ that would be about 10-15% from that period, i think the SP should be priced much higher than 10-15% as the macro and micro environments have changed *substantially in the positive* since then for the banks

    This to me screams oversold - considering the element of this is the reaction to the 3.5b buy back that no one was expecting 1 year ago.

    cheers
    Last edited by Tren1: 01/11/21
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$33.85
Change
-0.065(0.19%)
Mkt cap ! $115.7B
Open High Low Value Volume
$33.90 $33.92 $33.65 $29.71M 877.9K

Buyers (Bids)

No. Vol. Price($)
24 1137 $33.84
 

Sellers (Offers)

Price($) Vol. No.
$33.85 2524 15
View Market Depth
Last trade - 13.09pm 07/08/2025 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.