WBC 1.86% $30.14 westpac banking corporation

News: WBC UPDATE 1-Australia's Westpac posts lower CET1 ratio as provisions rise, page-35

  1. 96 Posts.
    lightbulb Created with Sketch. 14
    thanks guys, really good to hear from you all.

    I want to hold it to about $26 and was prepared to wait but for some reasons WBC fluctuates way too much. At one point I was in loss (paper), then $24.60 and then back to $22.60 and now $23. seems like there is real force behind WBC that keeps dragging it back...

    anyway, I am looking for an exit in near future to top up my offset balance so that I pay less interest for PPOR. With current rate of 5.25%, my ROI will be almost 7.5% risk free just by keeping money in offset which is just about same as FF Div.
 
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