share price = $28.20. Forward (2008) PE ratio at 10% growth is 13.85 and gross unfranked dividend yield is 7.3%.
For me, in a time of high interest rates, I think $28.20 is the lowest price WBC will reach in 2008 in a falling market.
Therefore, the current price is a safe buy however I myself look to buy cheaper.
For example, before the last results I bought at $25.50 and sold at $28.50.
Last week or so, I bought at $26.85, which may still be possible if market dips again.
anybody having trouble with westpac, page-4
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Last
$28.99 |
Change
0.400(1.40%) |
Mkt cap ! $100.3B | |||
| Open | High | Low | Value | Volume |
| $28.80 | $29.02 | $28.77 | $146.2M | 5.054M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 832 | $28.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $29.00 | 61910 | 47 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |