WBC 1.40% $28.99 westpac banking corporation

Banking sector up after the CBA announcement.WBA in the green...

  1. 27 Posts.
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    Banking sector up after the CBA announcement.

    WBA in the green for I believe the 12th straight session. I’m up 10.4% since buying at $20.17 two Friday’s ago.

    Buyback will raise S/P eventually, topping up soon, waiting on any type of pull back.

    I think of all the banks, WBA has the most room for improvement as an operating business and management are starting to feel the pressure, 70% of shareholders have voted no to re-electing the CEO, and will be organising the business to profit owners not just themselves.

    Anything under $25 per share one a p.e under 16x is a safe punt for mine, as always never sell.
 
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$28.80 $29.02 $28.77 $146.2M 5.054M

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