2020: $14...Inverse Of $41...
See: https://hotcopper.com.au/threads/wbc-price-target-41.5092470/Now, let's bring some reality to WBC Share Price in 2020...
IMO, "Inverse Post Of $41" Ignores flw 5 key factors:
1. WBC is facing massive unprecedented Civil Legal Actions on multiple fronts-
* Regulators-AUSTRAC, APRA, ASIC
* Own Shareholders
2. Ditto above, highly likely on Criminal front for Directors, Senior Management.
3. Feb 4th 2020 Federal Parliament resumes.
All Major Banks-Financial Institutions face barrage of some 52 pieces of New Legislation following Post-Hayne BRC. WBC will be one of majors impacted.
4. Australian & Global Economic Recessionary Negative Impacts.
5. WBC profits & margins will dramatically decline giving waste to any future dividends being related to, based upon, history.
So, not only is Post "WBC Price Target 41" irrelevant, it's fantasyland...
...Welcome to 2020: "$14...Inverse of $41...
(20min delay)