For the WBC Believers, Note Latest Investor's Class Action...
Life at Westpac Gets Awhole Lot Worse For Chairs Lindsay Maxsted & John McFarlane Plus CEOs Peter King & Brian Hartzer!
Here's the Rosen Law Firm website pages:
https://www.rosenlegal.com/
https://www.rosenlegal.com/cases-1762.html
Remember, in late 2019 Investors In OZ lobbed a major Class Action in Federal Court!
Today, WBC shareholders face 2 major Investor's Class Actions!
What's this gonna mean in 2020 & beyond: IMO...
* Possible years of litigation-Board & CEO-CFO time spent looking back, not forward
* Potential Multi-Billion Settlements-under Maxsted-Hartzer Reign, Investors have copped a est. $50bn wack!
( based on: SP April 2015 $38.66; SP end Dec $24.23 = Crash of $14.43 or 37%)
* New major Capital Raisings-another cop by Investors
* Higher costs result of CAs
* Thus, Lower Dividends (IMO, if any?)
Watch this space
2020: $14...Inverse Of $41..., page-31
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$30.49 |
Change
-0.180(0.59%) |
Mkt cap ! $105.2B | |||
| Open | High | Low | Value | Volume |
| $30.64 | $30.72 | $30.42 | $109.7M | 3.591M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3261 | $30.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $30.50 | 1866 | 1 |
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| WBC (ASX) Chart |