WBC westpac banking corporation
Add to My Watchlist 0.09% ! $34.57

Where's the supportive information?IMO, Key Reasons Why WBC SP...

  1. usc75
    7,027 Posts.
    lightbulb Created with Sketch. 181
    clock Created with Sketch.
    29/09/20
    07:59
    Post #: 47694380
    Where's the supportive information?

    IMO, Key Reasons Why WBC SP Will Head South:

    1. 26 Investor Class Actions: still pending. According to Alan Kohler on ABC New on Thursday 24th Sept 2020, Shareholders have LOST $37bn related to Westpac-AUSTRAC Paedophile-Money Laundering Scandal!
    https://www.abc.net.au/news/2020-09-24/thursday-finance-with-alan-kohler/12700482?nw=0

    Q: how much will WBC get Hit??

    2. ?? Retail Customer's Class Actions related to above: IMO, expect several to follow.

    3. Exposure to Customer Debt Defaults: yesterday, both JobKeeper & JobSeeker Payments Got Slashed: former by 20% & 50%; latter by 45%!

    See various media announcements.

    Q: hoe much will WBC get hit by increase in defaults??

    Nobody yet knows, but IMO it's likely to be substantial...
    WBC Price at posting: $17.38 Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field
right-arrow Created with Sketch.
NEWS Uranium ignites: Is this the start of a supercycle?
right-arrow Created with Sketch.
NEWS Red Mountain to map, sample Quartz Reef after landing big alluvial nugget haul
right-arrow Created with Sketch.
NEWS Profits after tax down -88%, and shares rocket – what's going on with Collins?
right-arrow Created with Sketch.
NEWS Many Peaks accelerating gold hunt in Côte d'Ivoire after assay 'justification'
right-arrow Created with Sketch.
NEWS Sparc opens small-scale green H2 plant in SA, but liquidity dried up
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$34.57 		Change
0.030(0.09%) 		Mkt cap ! $118.3B
Open High Low Value Volume
$34.45 $34.62 $34.24 $153.1M 4.436M

Buyers (Bids)

No. Vol. Price($)
1 300 $34.55
 

Sellers (Offers)

Price($) Vol. No.
$34.58 190 1
View Market Depth
Last trade - 16.17pm 26/06/2025 (20 minute delay) ?
WBC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.