"Dividends Remain Under Threat..." reports Australian Financial Review
https://www.copyright link/companies/financial-services/westpac-safe-from-cap-raise-but-dividends-remain-under-threat-20200107-p53pjb
Exactly what I've been predicting!
There are a many negative factors (see article) impacting on WBC's future dividend payments.
With regard to "Future Capital Raisings..." IMO, the FR article is under-estimating the Investor's Class Action now before the Federal Court. While no figure has been firmed-up, IMO could be as high as $50 Billion!
If so-or near enough-then massive negative impact on WBC share price.
2020: $14...Inverse Of $41..., page-7
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Last
$25.76 |
Change
0.070(0.27%) |
Mkt cap ! $89.47B | |||
| Open | High | Low | Value | Volume |
| $25.87 | $25.89 | $25.68 | $110.5M | 4.292M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 250 | $25.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.77 | 500 | 1 |
View Market Depth
| Last trade - 16.10pm 29/04/2024 (20 minute delay) ? |
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Last
$25.76 |
Change
0.070 ( 0.26 %) |
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| Open | High | Low | Volume | ||
| $25.87 | $25.89 | $25.68 | 553901 | ||
| Last updated 15.59pm 29/04/2024 ? | |||||
| WBC (ASX) Chart |