Not much sense in speculating about the imminent drop we all know will happen tomorrow.
Usually the x drop is a few more cents than the the divvy.
With most blue chips the loss is recovered within a couple of weeks of trading.
When WBC drops 60 or 70 cents in the morning I will be grabbing as much as I can afford.
The bank has been whacked by regulatory penalties and asset write downs.
It has survived a couple of very bad years and still sits on a very large pile of cash.
On the positive side a divvy of 60 cents plus credits is not to be scoffed at , plus the 3.5 bill buy back, the bank seems to have seen the light in terms of home loan lending and is gaining (some momentum there ) some !!
The next 12 months will test Mr Kings determination along with all of our patience.
Hope they don't loose to many good people with the cost cutting.
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 930 | $29.83 |
Sellers (Offers)
Price($) | Vol. | No. |
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View Market Depth
No. | Vol. | Price($) |
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1 | 930 | 29.830 |
1 | 1901 | 28.480 |
3 | 9652 | 28.470 |
3 | 15 | 28.000 |
1 | 1256 | 27.990 |
Price($) | Vol. | No. |
---|---|---|
25.770 | 6233 | 9 |
26.310 | 1265 | 3 |
26.340 | 745 | 2 |
26.630 | 1718 | 2 |
26.670 | 1368 | 1 |
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