I am actually interested to hear the bull case for WBC. My argument is that since 1992, all SH's were better off investing in the other Big 4 banks and avoiding WBC. 30 years is a long time to wait for a dawn.
WBC may do better in the next 1-3 years, but are you arguing that it will outperform its peers? Should SH's invest in WBC instead of spreading their capital over the other three?
I am selling out of WBC and (hopefully) watch NAB and ANZ pull further ahead of WBC.
WBC Price at posting:
$21.53 Sentiment: Sell Disclosure: Held
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