don't disagree on your point in general - but I struggle to build an investment case to buy overvalued banks at a time of rising interest rates, in a country where property is some of the highest in the world relative to incomes and household incomes are flat - all of which plus other factors are going to combine to put more and more pressure on the property market. I made this call in the UK in 2006 and my friends didn't want to hear it. Nobody ever does - I mean, house prices can't fall can they?
don't disagree on your point in general - but I struggle to...
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Last
$12.32 |
Change
-0.220(1.75%) |
Mkt cap ! $6.960B | |||
| Open | High | Low | Value | Volume |
| $12.40 | $12.46 | $12.22 | $10.09M | 819.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 14497 | $13.27 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.09 | 4178 | 1 |
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| Last trade - 15.59pm 02/08/2024 (20 minute delay) ? |
| BEN (ASX) Chart |