WBC 0.52% $27.23 westpac banking corporation

Not much sense in speculating about the imminent drop we all...

  1. 428 Posts.
    lightbulb Created with Sketch. 204
    Not much sense in speculating about the imminent drop we all know will happen tomorrow.
    Usually the x drop is a few more cents than the the divvy.
    With most blue chips the loss is recovered within a couple of weeks of trading.
    When WBC drops 60 or 70 cents in the morning I will be grabbing as much as I can afford.

    The bank has been whacked by regulatory penalties and asset write downs.
    It has survived a couple of very bad years and still sits on a very large pile of cash.
    On the positive side a divvy of 60 cents plus credits is not to be scoffed at , plus the 3.5 bill buy back, the bank seems to have seen the light in terms of home loan lending and is gaining (some momentum there ) some !!

    The next 12 months will test Mr Kings determination along with all of our patience.
    Hope they don't loose to many good people with the cost cutting.



 
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Last
$27.23
Change
0.140(0.52%)
Mkt cap ! $94.47B
Open High Low Value Volume
$27.29 $27.40 $27.10 $138.8M 5.101M

Buyers (Bids)

No. Vol. Price($)
1 4602 $27.22
 

Sellers (Offers)

Price($) Vol. No.
$27.23 50657 4
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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