I dunno this reputation destroying. Like AMP. This may really hurt long term.
I don’t think the market has priced this in.
I wonder if WBC will ask the shareholders to pay the fine through a CR?
Fining the business at the end of the day is an absolute rubbish outcome and AUSTRAC have cemented themselves as a totally useless regulatory agency.
This fine will hit the shareholders the hardest, people that really had nothing to do with it. If AUSTRAC wanted to make a difference they’d go after the board and the ones who engaged in the untoward behaviour.
So congratulations AUSTRAC job well done, you’ve really taught them a lesson.
I dunno this reputation destroying. Like AMP. This may really...
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Last
$33.84 |
Change
-0.030(0.09%) |
Mkt cap ! $115.9B | |||
| Open | High | Low | Value | Volume |
| $33.94 | $34.00 | $33.76 | $15.48M | 456.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 396 | $33.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $33.85 | 184 | 3 |
View Market Depth
| Last trade - 10.16am 02/07/2025 (20 minute delay) ? |
| WBC (ASX) Chart |