WBC 1.23% $29.66 westpac banking corporation

Ann: Westpac announces $3.5 billion off-market share buy-back, page-847

  1. 117 Posts.
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    Hi Defined.
    While covid is still the main story, countries like Denmark have now removed all covid restrictions. Covid will still be around, and that will probably be good news for up and coming stem cells companies like Mesoblast, but I think for mainstream the idea of dwelling on covid will fade. The world is moving on.
    A new normal is appearing.
    Westpac buyback will happen, hopefully some on market. Interest rates are starting to rise, and hopefully the spread will be generous to shareholders.
    While some speculate a S.P of $29 by the end of the year, I think the next few years are going to pay us very well. I wouldn't be suprised if WBC sees close to $40 by end of 2023. Thats what I am banking on.




    Cheers,,,Royalsandman
 
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