Hi scuber taxi.
I think that even if the financial pressure is screwed up to the mortgage holderrs, we have a good couple of years before any default pressure comes in. Add to that the governments record years of housing stamp duty and taxes, they are not going to let anything too major happen. The rotation into safe stocks like banks has allready begun. Wbc will be boosted more so by a buy back that might carry on to on market. In my opinion it is a no brainer, buy Westpac.
As I have previously stated, looking forward to 2023 and beyond, $40 is not out of the question.
regards,,,,Royalsandman
Ann: Westpac announces $3.5 billion off-market share buy-back, page-890
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Last
$28.48 |
Change
0.000(0.00%) |
Mkt cap ! $98.72B | |||
| Open | High | Low | Value | Volume |
| $28.48 | $28.65 | $28.37 | $123.8M | 4.344M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3235 | $28.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $28.49 | 6049 | 2 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |