The market is forward looking, corona, impairment, austrac and several class actions (most which i believe a doomed to fail) have been well and truly priced in. All the banks have had their major step change. WBC is seen as the safe bank now, as NAB and ANZ may have a slighter larger risk with business loans. What i see is a lot of down rampers wanting to trick people into selling off, in hopes to make money. Its simple if you dont like the share, why are you still here in the forum? Speaks volumes. Its my opinion theres support for mid $17 soon as this share has been unnecessarily punished by unwarranted fear. Meaning there is a huge gap for opportunity. Shorters & down rampers are getting greedy & will result in getting stung. All my opinion, DYOR.
WBC Price at posting:
$14.92 Sentiment: Buy Disclosure: Held
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