WBC 0.40% $31.04 westpac banking corporation

Ann: Westpac Share Purchase Plan Withdrawal Option, page-2

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  1. 1,225 Posts.
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    Those who applied early need to think carefully before withdrawing application.

    Still a day or so to decide but the WBC share price will stabilise at these levels now that key management are going. Their appears to be a lot of institutional support for this, hence no ongoing sell off.

    Sure, market gyrations may see more softening of SP in coming weeks, but looking at WBC pricing of SPP at around $24 it is appealing

    All investors need to think carefully about the longer term environment for banking and the place of Westpac in that. My view is that WBC will be better having now to deal with dreadful mismanagement of data analysis around transactions
 
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