WBC 1.86% $30.14 westpac banking corporation

Don't see why not, CBA has more than doubled from a low of $24...

  1. 433 Posts.
    Don't see why not, CBA has more than doubled from a low of $24 last March to $56 today. Westpac hasn't and it hit $14 last March.

    These banks generally move as high/low as each other so Westpac I dare say should be able to outperform in the coming months.

    The only thing that worries me majorly about these Aussie banks is that they basically can't find money and have to borrow from offshore - and moreso that Aussie homes are ridiculously expensive and Australian households haven't develeraged like in the US and UK.
 
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